Neenah Inc. Transfers $64 Million in Pension Liabilities
Neenah Inc. has transferred $64 million in U.S. pension liabilities to an undisclosed insurance company. This pension de-risking transfer affects approximately 1,400 Neenah retirees. Neenah Inc. is a leading global manufacturer of specialty materials serving customers across six continents, with headquarters in Alpharetta, Georgia.