Concentrations of Risk	12 Months Ended
Dec. 31, 2024
Risks and Uncertainties [Abstract]
Concentration of Risk	16. Concentrations of Risk ODP Corporation (“ODP”), formerly Office Depot Inc., along with its subsidiaries and affiliates, is our largest customer in the Paper segment. Our Paper segment has had a long-standing commercial and contractual relationship with ODP. This relationship exposes us to a significant concentration of business and financial risk. Our sales to ODP represented approximately 4% for 2024 and 5% for 2023, and about 58% and 61% of our Paper segment sales revenue for those periods, respectively. At December 31, 2024 and 2023, we had $37.5 million and $46.5 million of accounts receivable due from ODP, respectively, which represents approximately 3% and 4% of our total Company receivables for those periods, respectively. In 2024, sales to ODP represented about 58% of our Paper segment sales. If these sales are reduced, we would need to find new customers. We may not be able to fully replace any lost sales, and any new sales may be at lower prices or higher costs. Any significant deterioration in the financial condition of ODP affecting its ability to pay or any other change that affects its willingness to purchase our products will harm our business and results of operations. Labor At December 31, 2024, we had approximately 15,400 employees, and approximately 44% of these employees worked pursuant to collective bargaining agreements. Approximately 60% of our hourly employees worked pursuant to collective bargaining agreements. The majority of our unionized employees are represented by the United Steel Workers (USW), the Printing Packaging Production Workers Union (PPPWU), the Association of Western Pulp and Paper Workers (AWPPW), the International Association of Machinists (IAM), and the International Brotherhood of Teamsters (IBT). Of the employees who work pursuant to collective bargaining agreements, approximately 23% work pursuant to collective bargaining agreements that will expire within the next twelve months.

Concentrations of Risk

12 Months Ended

Dec. 31, 2024

16.

Concentrations of Risk

ODP Corporation (“ODP”), formerly Office Depot Inc., along with its subsidiaries and affiliates, is our largest customer in the Paper segment. Our Paper segment has had a long-standing commercial and contractual relationship with ODP. This relationship exposes us to a significant concentration of business and financial risk. Our sales to ODP represented approximately 4% for 2024 and 5% for 2023, and about 58% and 61% of our Paper segment sales revenue for those periods, respectively. At December 31, 2024 and 2023, we had $37.5 million and $46.5 million of accounts receivable due from ODP, respectively, which represents approximately 3% and 4% of our total Company receivables for those periods, respectively.

In 2024, sales to ODP represented about 58% of our Paper segment sales. If these sales are reduced, we would need to find new customers. We may not be able to fully replace any lost sales, and any new sales may be at lower prices or higher costs. Any significant deterioration in the financial condition of ODP affecting its ability to pay or any other change that affects its willingness to purchase our products will harm our business and results of operations.

Labor

At December 31, 2024, we had approximately 15,400 employees, and approximately 44% of these employees worked pursuant to collective bargaining agreements. Approximately 60% of our hourly employees worked pursuant to collective bargaining agreements. The majority of our unionized employees are represented by the United Steel Workers (USW), the Printing Packaging Production Workers Union (PPPWU), the Association of Western Pulp and Paper Workers (AWPPW), the International Association of Machinists (IAM), and the International Brotherhood of Teamsters (IBT). Of the employees who work pursuant to collective bargaining agreements, approximately 23% work pursuant to collective bargaining agreements that will expire within the next twelve months.