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Overview
History
Management Team
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Company History

As a teenager working in the warehouse of Colgate Palmolive in Jersey City, Ralph Panzer learned from a friend about a growing problem in the then booming textile business. The paper tubes that played an essential role in textile manufacturing and wholesaling were expensive and hard to come by. In that moment, Ralph saw an opportunity. He began recovering high-quality paper tubes from manufacturers, reconfiguring and custom-cutting them for re-use and resale.

Long before the words “Corporate Sustainability” would be heard in the corner office, Ralph Panzer recognized that these deceptively simple tubes were central to certain industries. His new firm was sparing companies the expense and labor of manufacturing, shipping and disposing of tubes, while providing double digit savings to its customers. It was a classic case of an idea filling a need.

In 1964 Howard Panzer stepped into his father’s shoes as company president, moving into a larger facility on Ludlow Street and purchasing a small fleet of trucks. A subsequent move to an even larger space on Attorney Street on The Lower East Side soon followed.

In the late 1970s, PT&C moved to New Jersey, where it had already established a strong presence. By 1999, it had moved to its current 30,000 square foot facility in Paterson where PT&C continued to grow, expanding its customer base to a wider range of roll manufacturers.

Howard’s son, Russ Panzer, left a successful career in healthcare administration to enter the company as Vice President in 1998.  Russ, with a graduate degree in business, finance, and healthcare, brought a new wave of energy to the company and saw two significant opportunities for growth. First, he spearheaded the expansion of the customer base, satisfying demand in the booming plastic and packaging industries. Secondly, he recognized the role PT&C could play in the corporate communities’ surging interest in green manufacturing and sustainability.

He also helped move the company forward by modernizing much of PT&C’s equipment, including investments in new state-of-the-art, core-cutting machinery, growing its’ fleet to 15 trailers, and by formalizing the PT&C 3-Point Inspection Process in which all tubes and cores are inspected once in the sorting area, again at the cutting stations, and a third time in the packaging department.

For Russ, the company’s sustainability efforts and involvement in green manufacturing is an opportunity to merge a personal interest with a business need. PT&C utilizes or recycles approximately 95% of the material it takes in. This places PT&C in rare company: a Zero Waste Company that disposes less than 10% of its waste.

This new vision has enabled Paper Tube & Core, Inc. to expand revenues by at least 10% year after year while maintaining a high rate of customer retention. While the majority of PT&C’s customers are located in the Northeast and Mid-Atlantic regions, the company exports overseas and is reviewing new market opportunities nationally and internationally.

 

 
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PAPER TUBE & CORE • 239 Lindbergh Place • Paterson, NJ 07503 • Tel: 973-977-TUBE (8823) • info@papertubeandcore.com