Kruger Family

The Kruger family is one of the most financially successful families in Canada. The family has a fortune estimated to be worth $2.1 billion, which mainly derives from the family’s business, Kruger Inc, a fine paper business that was established by Joseph Kruger in 1904. Gene H. Kruger, Joseph Kruger’s son, took over the family business in 1927 and expanded it into manufacturing tissues, paperboard and news print.

Joseph Kruger

Kruger Inc has become an innovative enterprise that is focused on quality, productivity and technology, all thanks to the diligence of Gene H. Kruger. For the last 20 years, he has served as the Chief Executive Officer and Chairman of the Board of the company.

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During this time, he has overseen the constant expansion of the company, venturing into wood and forest products, recycling, tissue manufacturing, energy, specialty publication papers, as well as modernization of the business with special emphasis on the environment.

Gene H. Kruger

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Today, Kruger Inc. operates 5 business units with plants, mills and officers in Ontario, British Colombia, Alberta, Quebec, Newfoundland and Labrador, employing more than 10,500 people. It produces over 1.9 million tonnes of paper per year. The company that has been in operation for more than 100 years has ensured that the Kruger family has a consistent source of wealth that has been passed up to the fourth generation.

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References:

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