American Greetings

American Greetings Corporation is a privately owned American company and is the world's second largest greeting card producer behind Hallmark Cards. Based in Westlake, Ohio, a suburb of Cleveland, the company sells paper greeting cards, electronic greeting cards, gift packaging, stickers and party products. In addition, the company owns the Carlton Cards, Tender Thoughts, Papyrus, Recycled Paper Greetings and Gibson brands.

American Greetings Corp.
FormerlySapirstein Greeting Card Company
Company typePrivate
IndustryGreeting card
FoundedBrooklyn, Ohio, United States (1906 (1906))
FounderJacob Sapirstein
Headquarters1 American Boulevard,
Westlake, Ohio
,
United States
Area served
Worldwide
Key people
  • John Compton (Chairman)
  • Joe Arcuri (President and CEO)
  • Erwin Weiss (Senior Vice President)
  • Gregory M. Steinberg (CFO)
Products
Brands
  • Carlton Cards
  • Tender Thoughts
  • Just For You
  • Gibson
  • Papyrus
Revenue$1.67 billion (2012)
Net income
$57.2 million (2012)
OwnerClayton Dubilier & Rice (60%)
Century Intermediate Holding Co. (Weiss Family, 40%)
Number of employees
27,500 (2012)
SubsidiariesUK Greetings
Websitewww.americangreetings.com

American Greetings’ former toy design and licensing division, initially called Those Characters From Cleveland, subsequently renamed AG Properties and American Greetings Entertainment and now separately owned as Cloudco Entertainment. American Greetings also holds an exclusive license for Nickelodeon characters.

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