Karat Packaging Inc. (KRT) NASDAQ

29.40

+2.06(+7.53%)

Updated at May 09 10:54AM

Currency In USD

Karat Packaging Inc.

Address

6185 Kimball Avenue

Chino, CA 91708

United States of America

Phone

626 965 8882

Sector

Consumer Cyclical

Industry

Packaging & Containers

Employees

683

First IPO Date

April 15, 2021

Key Executives

NameTitlePayYear Born
Mr. Alan YuChairman & Chief Executive Officer330,5771970
Mr. Marvin ChengVice President of Manufacturing & Secretary240,0001969
Mr. Daniel QuireChief Revenue Officer250,0001982
Ms. Jian GuoChief Financial Officer & Director387,5001979

Description

Karat Packaging Inc. manufactures and distributes single-use disposable products in plastic, paper, biopolymer-based, and other compostable forms used in various restaurant and foodservice settings. It provides food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves, and other products under the Karat Earth brand. The company offers its products to domestic and regional distributors, restaurant chains, retail establishments, and online customers. It also provides new product development, design, printing, and logistics services. Karat Packaging Inc. was founded in 2000 and is based in Chino, California.