Karat Packaging Inc. (KRT) NASDAQ

Currency In USD

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Karat Packaging Inc.

Address

6185 Kimball Avenue

Chino, CA 91708

United States of America (the)

Phone

626 965 8882

Sector

Consumer Cyclical

Industry

Packaging & Containers

Employees

666

First IPO Date

April 15, 2021

Key Executives

NameTitlePayYear Born
Alan YuCo-Founder, Chairman & Chief Executive Officer337,5001970
Marvin ChengCo-Founder, Vice President of Manufacturing & Secretary240,0001970
Daniel QuireChief Revenue Officer250,0001983
Jian GuoChief Financial Officer & Director387,5001979
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Description

Karat Packaging Inc. is a company dedicated to the manufacturing and distribution of various single-use consumables. These items, crafted from materials such as traditional plastics, paper, and environmentally friendly biopolymer-based or other compostable forms, are primarily intended for use across the restaurant and broader foodservice sectors. Its product range is extensive, encompassing items like containers for food and carry-out orders, packaging bags, general tableware, drinking cups, matching lids, disposable cutlery, straws, specialized beverage components, necessary equipment, and protective gloves, many of which are sold under its "Karat Earth" label. The company supplies its merchandise to a diverse clientele, including national and regional wholesale distributors, large restaurant groups, retail outlets, and direct online purchasers. Furthermore, Karat Packaging offers supplementary services such as innovation in new product lines, graphic design, custom printing, and comprehensive logistics solutions. The firm was established in 2000 and operates from its main office situated in Chino, California.

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