National Envelope Corporation was an American manufacturer of

envelope An envelope is a common packaging item, usually made of thin, flat material. It is designed to contain a flat object, such as a letter or card. Traditional envelopes are made from sheets of paper cut to one of three shapes: a rhombus, a sh ...

s. National Envelope was founded in 1952 in New York, New York as the New York Envelope Company by William Ungar, who served as its chairman, president and chief executive officer. Founded with 3 machines and 5 employees, Ungar grew the business through acquisitions, the purchase of assets from bankrupt or troubled companies, and organic growth. In 2001, they had seventeen manufacturing facilities in nine states. In June 2010, NEC filed for voluntary bankruptcy under Chapter 11, Title 11, United States Code and later in 2010, it was acquired by the private equity firm

Gores Group The Gores Group is a private equity firm specializing in acquiring and partnering with mature and growing businesses. The company was founded in 1987 by its CEO and chairman, Alec E. Gores. Headquartered in Los Angeles, California, with an offic ...

Gores Group: "National Envelope Corporation"
retrieved October 19, 2013Wall Street Journal: "National Envelope Files for Bankruptcy Protection" By Emily Glazer
June 10, 2013 In June 2013, National Envelope (then renamed NE Opco Inc) filed for bankruptcy a second time. In September 2013, the operating assets of National Envelope were sold to the printing company

Cenveo Cenveo is a company based in Stamford, Connecticut, United States. It is engaged in the manufacture of various print-related products. Founded in 1921 as Denver-based Rockmont Envelope, the company's products and services include printed labels, ...

for $25 millionWhat They Think: "Cenveo Officially Acquires National Envelope with Close of Sale"
September 17, 2013 while Hilco Receivables LLC purchased its existing accounts receivable for $25 million and Southern Paper LLC purchased its inventory for $15 million. The National Envelope brand was retired.

Timeline

*1952 - New York Envelope founded (New York, New York) *1970 - National Envelope North founded (

Worcester, Massachusetts Worcester ( , ) is a city and county seat of Worcester County, Massachusetts, United States. Named after Worcester, England, the city's population was 206,518 at the 2020 United States census, 2020 census, making it the second-List of cities i ...

) *1975 - National Envelope South founded (

Austell, Georgia Austell is a city in Cobb and Douglas Counties in the U.S. state of Georgia. It is part of the Atlanta metropolitan area. As of the 2020 census, the city had a population of 7,713. History The area that is now Austell was frequented by game ...

) *1980 - National Envelope Midwest founded (

Lenexa, Kansas Lenexa is a city in Johnson County, Kansas, United States. It is one of four principal cities of the Kansas City Metropolitan Area and 9th most populated city of Kansas. As of the 2020 census, the population of the city was 57,434. It is ...

) *1981 - Champion Envelope acquired ( Union Township, New Jersey) *1981 - National Envelope Central founded (

Earth City, Missouri Earth City is an unincorporated community located in St. Louis County, Missouri, United States, along Interstate 70, near the Missouri River. It is bounded by the city of Bridgeton on the east and north, the city of Maryland Heights to the sout ...

) *1990 - Champion Envelope West founded (California) *1990 - Aristocrat Envelope (New York) *1994 - Old Colony Envelope acquired (

Westfield, Massachusetts Westfield is a city in Hampden County, in the Pioneer Valley of western Massachusetts, United States. Westfield was first settled by Europeans in 1660. It is part of the Springfield, Massachusetts Metropolitan Statistical Area. The population w ...

) *1995 - National Envelope Northwest founded (Washington) *1998 - Colortree acquired (Texas) *2000 - Williamhouse Corporation acquired (

Corsicana, Texas Corsicana is a city in Navarro County, Texas, United States. It is located on Interstate 45, 56 miles northeast of Waco, Texas. The population was 23,770 at the 2010 census. It is the county seat of Navarro County, and an important Agri-busines ...

) *2001 - Alcor Envelope acquired (New York) *2010 - Acquired by the

out of bankruptcy for $150 million *2011 - The Gores Group won the Global M&A Network's Atlas Award for "turnaround deal of the year" for their acquisition of National Envelope.National Envelope wins Private Equity Turnaround Deal of the Year Award
''Turnaround Atlas Awards. (June 19, 2011).'' *2013 - Filed for bankruptcy for the second time *2013 - National Envelope assets are liquidated for $65 million: Operating assets sold to

; accounts receivable sold to Hilco Receivables LLC; and inventory sold to Southern Paper LLC. *2013 - National Envelope name retired

References

{{reflist Printing companies of the United States Manufacturing companies established in 1952 Manufacturing companies disestablished in 2013 Companies based in Queens, New York Defunct manufacturing companies based in New York City