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International Paper: Companies
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International Paper Plant, located in Mogi GuaƧu, Brazil. International Paper (NYSE: IP) is an American pulp and paper company, the second largest pulp and paper company in the world. It has approximately 60,000 employees. Its global headquarters are currently in Memphis, Tennessee.
International Paper is a global uncoated paper and packaging company with primary markets and manufacturing operations in the United States, Europe, Latin America and Asia, complemented by xpedx, an extensive North American merchant distribution system. Wtih annual sales of about $22 billion, the company has operations in more than 20 countries and employs approximately 60,000 people worldwide.
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International Paper is ... unusual in naming all the companies in its peer groups. A recent study of 100 proxies by Equilar found that only 2% named all peer group companies used for benchmarking. But disclosure is slowly improving. "Disclosure is growing. Peer groups are being looked at with a much finer microscope," Dorf says.
International Paper has nearly completed its previously announced capacity rationalization and realignment initiative, according to the company. It has closed its Mobile, Ala., and Camden, Ark., mills, and completed the downsizing of the Courtland, Ala., mill. The closure of the Lockhaven, Pa., mill is proceeding on schedule.
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International Paper is turning to international sales as well as cost cutting and price increases as the U.S. economy takes a turn for the worse--and the move seems to be working. The paper and wood products company reported that its profit tumbled in
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The buliding of the International Paper Company facility at Camden in 1927 proved to be one of the most important developments in Ouachita County history. This photograph shows the mill site being prepared for the first building.
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