Asset Manager

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Charter Next Generation

Charter Next Generation formed through a series of acquisitions and plant integrations in the specialty films sector, establishing its headquarters in...

Charter Next Generation

Charter Next Generation formed through a series of acquisitions and plant integrations in the specialty films sector, establishing its headquarters in Milton, Wisconsin. The company operates a vertically integrated manufacturing model, extruding and converting polyethylene films for applications including food packaging, medical device overwraps, and industrial liners. CNG's production covers blown-film extrusion, cast-film extrusion, and multi-layer barrier technologies across its Midwest and Southeast facilities. Confirmed end markets include fresh produce packaging, frozen food bags, sterile medical packaging, and heavy-duty shipping sacks. The firm's capacity exceeds 1.5 billion pounds of resin processed annually across multiple plant locations, making it a top-three North American converter in flexible packaging films. The company operates facilities in Wisconsin, Ohio, Illinois, and Georgia, employing a workforce spread across engineering, extrusion operations, and logistics. Charter Next Generation maintains a recycling affiliate — Green Arrow Recycling — which processes post-industrial film scrap back into feedstock for select product lines. CNG's distinct structural position rests on its role as an independent converter unaffiliated with any single resin producer, allowing it to source polyethylene across the commodity cycle without captive-supply constraints. This architectural independence places it between global petrochemical firms and the consumer-packaged-goods companies that rely on its films for shelf-ready packaging.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Milton

Corporate office

Milton, WI, United States

Sector focus

Industrial Tech

Frequently asked questions

What does Charter Next Generation manufacture?

Charter Next Generation produces specialty polyethylene films through blown-film and cast-film extrusion processes. Its products include barrier films for fresh produce, frozen food packaging, medical device sterile wraps, and heavy-duty industrial liners. The firm processes over 1.5 billion pounds of resin annually and operates more than 50 production lines across multiple US facilities.

Which end markets does Charter Next Generation serve?

CNG serves food packaging — including fresh produce, frozen foods, and snacks — along with medical packaging for sterile devices, consumer goods packaging, and industrial applications such as shipping sacks and construction films. The company also supports retail and e-commerce packaging through multi-layer films designed for automated packaging lines.

Where are Charter Next Generation's manufacturing facilities located?

Charter Next Generation operates plants in Wisconsin — including its Milton headquarters — as well as Ohio, Illinois, and Georgia. The Midwest and Southeast footprint places extrusion capacity near major resin supply routes and customer distribution hubs in the food processing and medical manufacturing corridors.

How is Charter Next Generation positioned within the broader packaging supply chain?

CNG sits as an independent converter between petrochemical resin producers and consumer-packaged-goods companies. By not being tied to a single resin supplier, the firm can source polyethylene feedstock across the commodity cycle, which differs structurally from converters owned by integrated chemical companies. This independence gives procurement flexibility on resin grades and pricing.

Does Charter Next Generation operate any recycling or sustainability programs?

Yes, CNG operates Green Arrow Recycling, which processes post-industrial film scrap generated during its own manufacturing and from customer facilities. The recycled material is re-pelletized and re-introduced into select product lines, reducing virgin resin consumption and diverting plastic waste from landfill.

What is Charter Next Generation's ownership structure?

Charter Next Generation operates as a privately held industrial manufacturer. Ownership is not publicly detailed, but the firm has grown through facility acquisitions and internal capacity expansion rather than through a publicly reported institutional capital raise. The governance structure reflects its long-term capital-intensive manufacturing posture.

Who leads operations at Charter Next Generation?

Charter Next Generation's leadership has not been publicly detailed in accessible profiles as of 2025. The firm maintains a low public profile consistent with private industrial ownership structures in the Midwest manufacturing sector. Day-to-day extrusion and plant operations are managed by site-level engineering and production leadership.

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