InternationalPaper.com
International Paper
InternationalPaper.com is the web portal for the International Paper Corporation. Based in Memphis Tennessee, International paper is a global producer of paper and pulp and has 83,000 employees. Forest products for building and construction are also a manufactured by IP. It produced an annual revenue of $24,097 in 2005 and $23,359 in 2004 and is a Fortune 500 company and ranked at number 82 on the list. IP was formed initially in 1898 and incorporated again in 1941. They have branches in the USA, Europe, Asia and Latin America. Xpedx is a merchant North American distribution system with ties to IP.
CEO John V. Faraci Stock Symbol: IP
Diversity
Cultural diversity is promoted and maintained for individuals seeking careers at International paper. It is an equal opportunity employer and provides internships for the paper manufacturing industry. It also produces packaging solutions for manufacturers like corrugated shipping products and high impact packaging designs. Fast food chains like Wendy’s and Subway depend on IP to provide large amounts of lids and cups for their operations.
Properties
IP owns vast amount of acreage available for sale and leasing in Maine, Alabama and Tennessee and have contact information available from their corporate site. Hunters and developers can purchase land for forest management or development and also lease it for seasonal recreation hunting. It also owns mineral acreage with various form energy producing (coal) and non energy minerals.
Products
Other forest products available from International Paper are nursery seedlings and forest management technologies. The company produces large amount of packaging products like plastics and even packaging for automotive parts like engines and transmissions through its automotive packaging business. They have a long standing policy of using not wood from endangered species.
Formation and Stock history
The company was formed from the merging of 17 pulp and paper mills in the northeastern U.S and acquired the Hammermill Corporation in 1986 and the Masonite corporation in 1988. It also acquired German paper manufacturer Zanders Feinpapiere AG and french paper company Aussedat Rey in 1989. Iinternational Paper produces various paper and pulp products like printer and copier paper and fluff pulp among other things. It supplies wood products to developers and retailers for the building and construction industry.
Stocks for International Paper were included in the Dow Jones industrial average from July 3 1956 to April 7 2004. It was dropped from the Dow Jones along with AT&T and Eastman Kodak. International Paper also owns shares with the Chilean company Copec. Its beverage packing division is being sold for 800 million to millionaire Graham Hart and will continue operations under the Evergreen label. The sale will eliminate a large part of IP’s business but will also help pay debts owned by the corporation.
Customer Base
Customers of International Paper’s paper and packaging products include pharmaceutical companies, food chains, agricultural companies, automotive companies, beverage companies, cosmetic and personal care manufacturers, tobacco products, warehouse and transportation companies, multimedia products and appliances, general and specialty chemical producers, industrial manufacturers, paper conversion companies and numerous others.
Languages
English
Address
- 6400 Poplar Avenue
- Memphis, TN 38197
Contact
+1 800 207 4003
Additional Information
Related Domains
External Links
- Stock: IP
- Alexa: InternationalPaper.com
