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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. [ 27 ] 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]
Sep. 28—TICONDEROGA — On Friday, the International Paper Ticonderoga Mill will be renamed to Sylvamo, the spinoff company for IP's papermaking division. A ceremony is planned to take down the ...
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 ...
Verso Corporation (2006–2017), global paper products manufacturer (split from International Paper in 2006, declared bankruptcy in 2016 and relocated to Miamisburg, OH in 2017) ServiceMaster (2007–2020), commercial cleaning services company (relocated to Memphis from Chicago in 2007, split with Terminix in 2020 and relocated to Atlanta).
Kroger (all locations): Hours vary by location, but all close early; pharmacy closed on Thanksgiving. Sam's Club (all locations): Closed on Thanksgiving. South Point Grocery: 7 a.m.-noon
International Paper, Memphis, Tennessee [322] Albany Paper Mill, Albany, Oregon (Closed in 2009, demolished in 2012) [323] [324] [325] Augusta Paper Mill, Augusta, Georgia [326] Bogalusa Paper Mill, Bogalusa, Louisiana Cedar Rapids Paper Mill, Cedar Rapids, Iowa [327] Courtland Paper Mill, Courtland, Alabama (Closing completely in 2014) [328] [329]