Softex Paper

3.1★★★☆☆(23 reviews)

1400 Reid St, Palatka, FL 32177

Palatka, Florida, United States

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Business facts

Estimated annual revenue~$77.8M
Estimated employees~77
Annual payroll (2020)~$6.2M
In business since1977
Based on reported payroll data

Area statistics (32177)

Population26,290
Median household income$45,455
Source: US Census ACS

About

Softex Paper is located in Palatka, Florida, and was founded in 1977. At this location, Softex Paper employs approximately 65 people. This business is working in the following industry: Paper Mill. Annual sales for Softex Paper are around $5.0M – $10.0M.

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Price
$
Wheelchair Accessible
Parking, Yes
Categories: Paper Mill, Manufacturing.
ISIC Codes: 1701, C.

Market analysis

Earning above its category median in a stable category (Paper Mill).

EstimateCategory trend: 2024, -0.5%

Revenue trend (modeled)

~$80.1M2019
~$80.5M2020
~$80.9M2021
~$78.0M2022
~$84.7M2023
~$77.8M2024
Modeled from official industry statistics-0.6%/yr since 201980% confidence band: ±51%

Company profile

Legal formCorporation
Incorporated1976 (FL)
Employees (reported band)17
Facility size~80,000 sq ft
Observed

Property

Lot size8.80 acres
CountyPutnam
Parcel ownerRANDALL S MATHEWS INC
Land value$1.1M
On this lotshared with 4 other businesses
ObservedPublic assessor / cadastre record

Federal support (SBA)

PPP loan (2020)$1.3M · 153 jobs reported · implies ~$6.2M annual payroll · $1.3M forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Paper Mill in Florida36~$323.3M~$20.2M~$6.2M3.5★12×

Paper Mill in Florida: revenue figures from the 16 of 36 businesses with estimates

Category revenue trend2024: -0.5%2023: +4.0%2022: +3.5%2021: -1.4%Modeled from business-level estimates

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)221~$392.8M~$1.8M~$516.6K1,148~$89.0M151×
Manufacturing4~$77.8M~$19.5M96

1 km area (all businesses): median from the 184 of 221 businesses with estimates

Estimate

Area conditions (32177)

Population26,290 ±1,290
Median household income$45,455 ±$6,808
Median home value$150,700
Bachelor's degree or higher0.1%
Unemployment rate0.1%
Source: US Census ACS
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