Charter Next Generation
Charter Next Generation is a U.S. specialty films manufacturer producing coextruded and barrier films for consumer goods, food packaging, construction, healthcare, industrial, and agricultural customers, with proprietary MDO technology and the GreenArrow sustainable films portfolio.
- Company typePrivate
- Founded1971
- HeadquartersMilton, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Charter Next Generation does
Charter Next Generation (CNG) is a U.S. specialty films manufacturer that produces monolayer, coextruded, and barrier films for flexible packaging, construction, healthcare, industrial, and agricultural end-uses. The company operates 18 production facilities across 13 U.S. locations with multi-layer extrusion capabilities (3–11 layers), proprietary Machine Direction Orientation (MDO) technology, and a portfolio of patented products including Nail Sealable Film, Solar Shrink mulch film, Biofade compostable film, and the Amorphflex thermoforming platform. Its branded GreenArrow portfolio addresses four sustainability categories—recycle-ready, recycled content, reduced carbon, and certified compostable films—and is the commercial centerpiece of the company's response to Extended Producer Responsibility (EPR) regulation and brand-owner sustainability mandates.
CNG was formed in 2020 through the merger of Charter NEX Films and Next Generation Films and traces its origins to Bloomer Plastics (1971); it is currently majority-backed by KKR & Co. with co-investors Leonard Green & Partners and a subsidiary of Abu Dhabi Investment Authority. The company sells to large consumer packaged goods, industrial, and construction customers through direct enterprise field sales and a converter partner network, with no publicly disclosed pricing and a quote-based engagement model. Revenue is hardware-based, generated from sales of specialty film rolls to converters, manufacturers, and branded product companies across seven vertical segments. CNG operates a broad-based Employee Ownership Program launched in 2021 covering its 2,300–2,600+ employee-owners.
The business model combines vertically integrated U.S. manufacturing scale with material science R&D for specialty and sustainable films. Growth drivers include (1) regulatory demand for recyclable and recycled-content packaging, (2) dual circular feedstock partnerships with NOVA Chemicals (mechanical rPE/SYNDIGO) and Shell Polymers (chemical rPE), and (3) capacity expansion through the $106M Ohio investment and new MDO extrusion lines installed in late 2025. The company was approximately valued at $5 billion as of 2023 and has earned top-tier sustainability credentials including SBTi-validated targets, EcoVadis Silver, and BRCGS Site of the Year—Americas (2025).
Charter Next Generation firmographics
Firmographics- Name
- Charter Next Generation
- Legal name
- Charter Next Generation
- Website
- https://cnginc.com
- Company type
- Private
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Charter Next Generation is a U.S. specialty films manufacturer producing coextruded and barrier films for consumer goods, food packaging, construction, healthcare, industrial, and agricultural customers, with proprietary MDO technology and the GreenArrow sustainable films portfolio.
- Ownership category
- akta.pro rank
Charter Next Generation industry classification
Industry- Product category
- Specialty Films / Flexible Packaging Films
- SIC
- Unsupported Plastics Film & Sheet (3081)
- akta.pro primary industry
- Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)
- akta.pro secondary industries
- Barrier & Specialty Films (EVOH, PVDC, Metallized, AlOx/SiOx Coated) (IMALABAC), Multi-layer Coextrusion & Barrier Structures (EVOH/PA Barrier, Tie-Layer Systems) (IMANACAJ), Industrial & Protective Film Extrusion (Masking, Surface Protection, Barrier Films) (IMANACAD), Compostable & Bio-based Flexible Films and Sheet (extrusion/cast/blown) (IMANANAC)
Keywords
Where Charter Next Generation is headquartered
LocationHeadquarters
- HQ city
- Milton
- HQ country
- United States
- HQ region
- North America
Offices13 records
Markets served
Charter Next Generation business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Specialty Films and Material Science Solutions: CNG generates revenue through the manufacture and sale of specialty films to B2B customers across consumer goods, food, construction, healthcare, industrial, and agricultural markets. Revenue is derived from film products that are sold directly to converters, manufacturers, and branded product companies.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Charter Next Generation product offering
Product offeringCore offering
Charter Next Generation (CNG) manufactures specialty films and sustainable material science solutions including monolayer, coextruded, and barrier films for consumer goods, food packaging, building & construction, healthcare, industrial, agricultural, and converter markets. The company produces films using advanced blown and cast extrusion (3-11 layer capabilities) and proprietary MDO (machine-direction orientation) technology, delivering both protective packaging substrates and sustainable film platforms under the GreenArrow™ portfolio. Customers include large CPGs, food producers, healthcare companies, construction manufacturers, and film converters.
Product overview
Charter Next Generation (CNG) is a specialty films and sustainable material science solutions provider operating across multiple market verticals. The company's product portfolio centers on the GreenArrow™ sustainable films sub-brand, which encompasses four product lines: Recycle-Ready Films, Recycled Content Films, Reduced Carbon Films, and Certified Compostable Films. Beyond sustainable solutions, CNG offers specialized film products across Consumer (E-Commerce, Lawn & Garden, Office Products, Pet Food, Personal Care, Household Essentials), Food (Protein, Bakery, Cheese/Dairy, Coffee, Confectionery, Dry Goods, Frozen Foods, Liquids, Produce, Salty Snacks), Building & Construction (Roofing Underlayment, Nail Sealable, Floor Protection, Concrete Underlayment, Tapes, Jobsite Essentials, Stretch Hooder, Shingle Overwrap), Industrial (Heavy Duty Sacks, Shrink Films, Stretch Hooder, Release Films, Slip Sheets, Carpet Pad Lamination), Healthcare (Converter Films, Component Films, Packaging Films), Agriculture (Solar Shrink®, Biofade™, Tunnel Films), and Converter Solutions (General Purpose Sealants, Barrier Sealants, Peelable Films, Hot Fill, Thermal Lamination). Core technology platforms include Amorphflex™ F/NF forming films for protein packaging and proprietary MDO (Machine Direction Orientation) technology enabling recyclable PE film structures. The company also offers Custom Solutions for tailored applications.
Differentiator
Problem solved
Functional benefit
Brands
- GreenArrow: Award-winning sustainable films portfolio including recycle-ready, recycled content, certified compostable, and reduced carbon materials.
- Amorphflex
- Solar Shrink
- Biofade
Products and services
- GreenArrow™ Sustainable Films Portfolio Award-winning sustainable films portfolio encompassing recycle-ready, recycled content, reduced carbon, and certified compostable film solutions designed to help customers meet specific sustainability objectives.
- Recycle-Ready Films Polyethylene-based recyclable films that transform traditionally unrecyclable laminated structures into all-polyethylene formats compatible with existing recycling streams, featuring MDO technology for improved tearability and toughness.
- Recycled Content Films Films utilizing post-consumer recycled (PCR) and advanced recycled (AR) resins from certified sources, reducing virgin material use while maintaining premium performance for food and non-food packaging applications.
- Reduced Carbon Films Innovative films providing measurable carbon reduction through physical carbon neutrality rather than credits or offsets, suitable for recyclable, recycled content, and compostable film applications.
- Certified Compostable Films Films certified by BPI and TÜV for industrial and home compostability, manufactured from bio-based materials that disintegrate into organic matter at end of life.
- Amorphflex™ F/NF Films Proprietary forming and non-forming film technology providing efficient line performance, easier thermoforming, excellent shelf appeal, and ultra-smooth peelability for protein and bacon packaging applications.
- Solar Shrink® Mulch Film Patented premium-grade mulch film that tightens to growing beds when exposed to sunlight, improving moisture retention, weed suppression, and thermal support while reducing material usage by 20-50% compared to conventional mulch films.
- Biofade™ Compostable Agricultural Film Certified compostable agricultural film manufactured from bio-based materials that degrades naturally over the growing season, eliminating the need for lifting and disposal at season end.
- Nail Sealable Film Patented moisture barrier film designed for construction applications including ice and water shields and construction tapes, providing waterproofing and self-healing protection around nail penetrations.
- Concrete Underlayment Films Vapor barrier films providing exceptional protection against methane, radon, and harmful VOCs while protecting building interiors from moisture, offering 100x less permeability than typical high-performance polyethylene vapor retarders.
- Coffee Packaging Films Premium quality preservation films with excellent peel consistency and hermetic seal integrity designed to maintain coffee freshness from roaster to consumer.
- Bulk Shred Cheese Packaging 11-layer extrusion technology packaging offering superior barrier protection and freshness maintenance for bulk shredded cheese throughout distribution.
- Healthcare Converter Films Multi-layer co-extruded films for medical applications combining cutting-edge features for healthcare converters, with versatile film designs and tailor-made solutions.
- Healthcare Component Films Medical-grade films for tape backing, wound care, ostomy bags, urinary/drainage bags, biopharmaceutical barrier films, and surgical drapes with vision systems and cleanroom processing.
- Healthcare Packaging Films Sterile barrier films with 3- to 11-layer extrusion capabilities for medical packaging including flexible forming films, non-forming top webs, and flow wrap films compatible with EtO, e-beam, and gamma sterilization.
- Heavy Duty Sack Films Industrial-strength polyethylene films for packaging salt, fertilizer, sand and heavy-duty materials with excellent print quality, puncture resistance, and weather protection.
- Shrink Films Precision shrink ratio films for retail and institutional collation shrink applications, designed for high-throughput rates with retail shrink offering excellent clarity and institutional shrink providing cost-effective solutions.
- Pet Food Sealant Films High-stiffness, puncture-resistant films with dimple and grease resistance, combinable with MDO PE print films to create all-polyethylene structures with excellent tearability, toughness, and heat resistance.
- Protein Packaging Solutions Comprehensive packaging for hot dogs, case-ready fresh proteins, and frozen sausage patties with Amorphflex technology extending shelf life and reducing food waste while preserving freshness.
- Towel and Tissue Overwrap (TTO) Films Films offering exceptional clarity and strength for secure overwrapping of towel and tissue products, incorporating PCR content with circular economy alignment.
- Custom Film Solutions Tailored film solutions meeting exact specifications for flexible packaging, industrial applications, and innovative solutions using advanced resins, cast and blown capabilities, and R&D expertise.
Quantifiable outcome
- 25% increase in toughness with PCR incorporation for Earthgro mulch bags while maintaining optical quality
- +6 more outcomes
Companies that use Charter Next Generation
Customer profileNamed customers5 records
Segments7 records
Ideal customer profiles7 records
Charter Next Generation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Charter Next Generation partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- The Scotts Miracle-Gro CompanycoreJoint award from APR for collaboration on incorporating post-consumer recycled plastic into Earthgro mulch bags. Developed high-strength film with 25% increase in toughness while maintaining optical quality and sealability.
- NOVA ChemicalscoreStrategic collaboration to commercialize recycled polyethylene resin for flexible packaging. CNG procures rPE under NOVA's SYNDIGO brand, integrating post-consumer recycled film into CNG's operations. Partnership aims to scale supply, improve circularity, and support broader adoption of rPE.
- Shell PolymerscoreCollaboration to deliver certified circular film solutions using chemically recycled PE for specialty films, advancing circular economy goals.
- Feeding AmericaminorPartnership to help end hunger and strengthen communities through food bank support and community giving initiatives.
- Rudholm GroupminorCollaboration to unveil new packaging solutions incorporating materials made with greenhouse gas to reduce carbon footprint of e-commerce shipping.
- US Flexible Film Initiative (USFFI)coreCNG joined USFFI as associate member, only second non-CPG company to join. Contributes sustainable film design expertise to strengthen material recovery systems and domestic end markets for recycled films.
- Association of Plastic Recyclers (APR)coreCNG is a member and recycling champion, working to strengthen North American recycling systems through commitments to use post-consumer recycled plastic.
- Pet Sustainability CoalitionminorCNG earned PSC accreditation evaluating sustainability initiatives across labor, procurement, technology, and environmental health and safety.
Scale indicators12 records
Recent moves9 records
Expansion highlights5 records
Charter Next Generation competitors and assessment
Company assessmentBroad incumbents
- Berry Global (Amcor): Amcor (combined with Berry Global) is the largest flexible and rigid packaging producer globally, with broad capabilities in barrier films, sustainable substrates, and healthcare packaging directly overlapping CNG's specialty film portfolio across food, healthcare, and industrial end markets.
Direct peers
- Sealed Air: Sealed Air produces protective and food packaging films, including shrink films, barrier structures, and sustainable substrates—directly comparable to CNG's industrial shrink, food barrier, and recycle-ready segments.
- ProAmpac: ProAmpac is a private, PE-backed flexible packaging manufacturer focused on sustainable films, recyclable structures, and specialty substrates—closely matching CNG's GreenArrow portfolio and converter-customer go-to-market.
- Sigma Plastics Group: Sigma Plastics is one of North America's largest blown and cast film producers serving industrial, food, and consumer packaging—directly competing with CNG in multi-layer extrusion and converter supply.
- Coveris: Coveris manufactures flexible packaging films for food, healthcare, and industrial applications with a strong sustainability portfolio, directly overlapping CNG's recyclable and recycled-content film offering.
- Inteplast Group: Inteplast produces specialty films and bags for healthcare, foodservice, and industrial markets, with coextrusion capabilities comparable to CNG's 3- to 11-layer extrusion technology.
- Novolex: Novolex is a major North American flexible and paper-based packaging manufacturer serving foodservice, grocery, and CPG customers—directly comparable to CNG's consumer goods and food packaging segments.
- Glenroy: Glenroy specializes in flexible packaging films and laminations for food, beverage, personal care, and household products—a focused peer to CNG's converter and consumer packaging business.
- American Packaging Corporation: American Packaging Corporation produces flexible packaging films, including sustainable and recyclable structures, for CPG and food customers—directly comparable to CNG's flex-pack converter offering.
Emerging players
- Placon: Placon designs and manufactures specialty plastic packaging, including recycled-content and barrier films for food and consumer markets—a smaller but directly comparable player in CNG's sustainable films niche.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Charter Next Generation social profiles
Digital presenceCharter Next Generation compliance and trust
Trust signalCompliance16 records
Charter Next Generation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Charter Next Generation leadership team
Management profileNumber of profiles
Profiles6 records
Charter Next Generation funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Charter Next Generation M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Charter Next Generation
What does Charter Next Generation do?
Charter Next Generation (CNG) manufactures specialty films and sustainable material science solutions including monolayer, coextruded, and barrier films for consumer goods, food packaging, building & construction, healthcare, industrial, agricultural, and converter markets. The company produces films using advanced blown and cast extrusion (3-11 layer capabilities) and proprietary MDO (machine-direction orientation) technology, delivering both protective packaging substrates and sustainable film platforms under the GreenArrow™ portfolio. Customers include large CPGs, food producers, healthcare companies, construction manufacturers, and film converters.
Is Charter Next Generation a public or private company?
Charter Next Generation is a private company. It is classified as private equity controlled and is currently operating.
When was Charter Next Generation founded?
Charter Next Generation was founded in 1971. It employs 1,001 to 5,000 people.
Where is Charter Next Generation based?
Charter Next Generation is headquartered in Milton, United States, in the North America region.
How does Charter Next Generation make money?
One revenue line is on record: specialty Films and Material Science Solutions.
Who are Charter Next Generation's main competitors?
Berry Global (Amcor) is listed as a broad incumbent. Direct peers are Sealed Air, ProAmpac, Sigma Plastics Group, Coveris, Inteplast Group, Novolex, Glenroy and American Packaging Corporation. Placon is listed as an emerging player.
Does Charter Next Generation have an API?
No public API is recorded for Charter Next Generation.
What industry is Charter Next Generation in?
Charter Next Generation's product category is Specialty Films / Flexible Packaging Films. Its primary akta.pro industry code is IMANAEAD, Plastic Films & Laminated Packaging Structures Manufacturing, with a secondary code of IMALABAC, Barrier & Specialty Films (EVOH, PVDC, Metallized, AlOx/SiOx Coated). Its SIC code is 3081.