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Hammermill Paper Company is an American paper manufacturer originally founded in 1898 as the Ernst R. Behrend Company. The company was purchased in 1986 by International Paper Company, where the namesake survived as a brand of paper. This brand was later spun off into Sylvamo Corporation when International Paper spun Sylvamo off. [1]
Office Depot, Inc. is an American office supply retailer headquartered in Boca Raton, Florida. The company operates 960 retail stores in the United States under the Office Depot and OfficeMax brands, [4] as well as e-commerce sites and a business-to-business sales organization. The company has combined annual sales of approximately $11 billion ...
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In 1999, the Union Camp Corporation was acquired by International Paper. At the time it was referred to as a "merger," but was actually a takeover. Union Camp's CEO at that time was W. Craig McClelland. Earlier he had presided over the sale of Hammermill Paper Company to International Paper, in 1986, when President & CEO of that company.
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The coated paper business (four mills in Maine, Michigan and Minnesota) were sold to Apollo Management and now operate as Verso Paper. The kraft paper business (composed of a kraft paper mill in Roanoke Rapids, North Carolina and a dunnage bag plant in Fordyce, Arkansas) was sold to Kapstone Paper and Packaging and operates as Kapstone Kraft ...