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The International Paper Company is an American pulp and paper company, the largest such company in the world. [2] It has approximately 39,000 employees, [ 3 ] and is headquartered in Memphis , Tennessee .
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).
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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Veritiv was established on July 1, 2014 upon the merger of International Paper Company's xpedx division with the parent company of Unisource Worldwide, at which time International Paper Company completed corporate spin-off of the company. [1] [4] In August 2014, the firm leased its headquarters, in Sandy Springs, Georgia, from Cousins Properties.
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 ...
In 1973, Time, Inc. acquired Temple Industries, Inc., merging it with Eastex Pulp and Paper Company to form Temple-Eastex, Inc. Time Inc. had entered the forest products business in 1952 with the purchase of 500,000 acres of timberland in East Texas. [3]
Many significant companies are based in Nashville, Tennessee, and its surrounding communities in the Nashville metropolitan area. [1] Five of the companies, HCA Healthcare, Dollar General, Community Health Systems, Delek US Holdings, and Tractor Supply, were members of the Fortune 500 in 2020, ranking 65th, 112th, 241st, 342nd, and 380th respectively.