International Paper

Encyclopedia : I : IN : INT : International Paper

International Paper (NYSE: [IP]) is an American pulp and paper company, the largest pulp and paper company in the world and the largest private owner of timberland in the United States. It has approximately 83,000 employees. Its global headquarters are currently in Memphis, Tennessee.

International Paper was formed in January 1898 by the merger of 17 pulp and paper mills in the northeastern U.S. Through acquisitions and capital investment, the company grew both in the United States and internationally. In 1986 it acquired the HammerMill Paper Company, in 1988 the Masonite Corporation, and in 1989 the German paper company Zanders Feinpapiere AG and the French paper manufacturer Aussedat Rey. In addition, International Paper has shareholdings in the Chilean company Copec.

Pulp and converting paper mill, located in Georgetown, South Carolina

External links

Financial Information
	2004	2003
Net Sales (US$M)	25,548	25,179
Net Income (Loss) (US$M)	(35,000)	302,000

From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.