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In 2012, it was announced that International Paper was building a $90.2 million, 235,000-square-foot tower at 6430 Poplar Ave. in East Memphis. [ 25 ] In addition to the four office towers at International Place, the company operates an airport hangar facility (at 2522 Winchester Road) and a Southwind data center at (3232 Players Club Parkway).
The company was formed in August 2006 when Apollo Global Management purchased the coated and supercalendered paper business from International Paper. [2] [3] In April 2008, Verso conducted an initial public offering and was listed on the New York Stock Exchange. [4] In January 2015, Verso completed its acquisition of NewPage Holdings. [5]
The city is home to Memphis International Airport, the world's busiest cargo airport, surpassing Hong Kong International Airport in 2021. Memphis serves as a primary hub for FedEx Express shipping. As of 2014, Memphis was the home of three Fortune 500 companies: FedEx (no. 63), International Paper (no. 107), and AutoZone (no. 306). [105]
GEORGETOWN, S.C. (WCBD) – International Paper has announced the permanent closing of its Georgetown Pulp and Paper Mill, expected to impact 600-700 workers. Officials say the mill will shut down ...
In 1962, they bought the Strathmore Paper Company. [4] After a failed takeover by Paul Bilzerian and brothers William and Earle I. Mack (sons of New Jersey real estate developer H. Bert Mack), [5] Hammermill was purchased in 1986, by International Paper Company, with customer services and operations moving to their Memphis headquarters in 1988 ...
Champion International was a large paper and wood products producer based since 1980 in Stamford, Connecticut. [1] It was acquired by International Paper in 2000.. From 1893 it had been based in Hamilton, Ohio, expanding to plants in Texas and Western North Carolina by the 1930s.
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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