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The International Paper strike was a strike begun in 1987 by paper mill workers affiliated with the United Paperworkers' International Union (UPIU) at a number of plants in the United States owned by the International Paper (IP) company. The strike extended into 1988 and the company hired permanent replacements for workers.
In 1907 Long-Bell built the first "skyscraper" in Kansas City, named the R.A. Long Building, for the company corporate headquarters. At 16 stories tall, costing a reported 14 million dollars. [9] [10] The building was bought in 1940 by City National Bank & Trust Company.
Could this paper products giant end up on the block?
To this day, the massive brick ovens still remain in the building. The building was later used as a warehouse for the Stuart Hall company. The building was not only a warehouse for the company, it was where the company's operations were located. The company made various paper items that included envelopes, spiral notebooks and notebook paper.
The company's Brazilian suitor is walking away. For premium support please call: 800-290-4726 more ways to reach us
Over the past 12 months, International Paper generated $1,516.0 million cash while it booked net income of $1,341.0 million. That means it turned 5.8% of its revenue into FCF. That sounds OK.
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