Each issue of PaperMoney is approximately 500 fact filled pages.
Logout
Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
Search
My Profile
Login
Management Side
Georgia-Pacific Completes Acquisition of International Paper Wood Products Facilities
Print
Atlanta, Georgia, USA 02 April 2007-- Georgia-Pacific LLC today announced that Georgia-Pacific Wood Products South LLC has completed the purchase of five wood products sites from International Paper. Announced last December, the acquisition totaled approximately $237 million, including working capital.

"These are value-added facilities that fit strategically with our current wood products operations and we're very excited to have them in the Georgia-Pacific family," said Mike Rehwinkel, president of Georgia-Pacific's wood products business. "We're growing, and these facilities allow us to expand our geographic footprint into the important Southwest/Midwest area, further enhancing our ability to serve key customers in valuable sectors of our business. These are cost-competitive, solid operations. "

The new Georgia-Pacific sites are plywood and lumber complexes at Camden, Texas, Springhill, La., and Gurdon, Ark., a plywood mill at Corrigan, Texas, and an engineered lumber plant at Thorsby, Ala. Georgia-Pacific will gain an additional 2,400 employees from these facilities.

Headquartered at Atlanta, Georgia-Pacific is one of the world's leading manufacturers and marketers of building products, tissue, packaging, paper, cellulose and related chemicals. The company employs approximately 50,000 people at more than 300 locations in North America, South America and Europe. The familiar consumer tissue brands of Georgia-Pacific Consumer Products LP include Quilted Northern®, Angel Soft®, Brawny®, Sparkle®, Soft 'n Gentle®, Mardi Gras®, So-Dri® and Vanity Fair®. Dixie Consumer Products LLC, a Georgia-Pacific company, manufactures the Dixie® brand of disposable cups, plates and cutlery. Georgia-Pacific has long been among the nation's leading manufacturers and suppliers of building products to lumber and building materials dealers and large do-it-yourself warehouse retailers, with brands such as Plytanium®, Ply-Bead® and Wood I Beam offered by Georgia-Pacific Wood Products LLC and DensArmor Plus®, DensGlass Gold® and ToughRock® offered by Georgia-Pacific Gypsum LLC. For more information, visit www.gp.com.


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: