Karat Packaging Inc. KRT

What this company does

The company distributes and manufactures disposable foodservice products and related items, including food and take-out containers, bags, boxes, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, gloves, and janitorial supplies. It generates the majority of its revenue from the distribution of products sourced from a global network of nearly 150 vendors, complemented by manufacturing capabilities in the U.S. For the year ended December 31, 2025, manufacturing accounted for approximately 9% of its net sales, down from 11% in the prior year. As of December 31, 2025, it employed approximately 696 employees, of which 636 were full-time employees. It operates manufacturing facilities and distribution centers in Chino, California, Rockwall, Texas, and Kapolei, Hawaii, along with additional distribution centers in Branchburg, New Jersey; Puyallup, Washington; Sugar Land, Texas; and Aurora, Illinois. It classifies its customers into three categories: chains and distributors, retail, and e-commerce/online. The company was founded in 2000 by Alan Yu and Marvin Cheng in San Gabriel, California as Lollicup USA Inc., a California corporation. In September 2018, it incorporated Karat Packaging Inc. in Delaware, and Lollicup became a wholly-owned subsidiary of the Company.

Written from the business description in Karat Packaging Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 March 2026. Every sentence was checked against that document before publication.