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The International Paper strike was a strike begun in 1987 by paper mill workers affiliated with the United Paperworkers' International Union (UPIU) at a number of plants in the United States owned by the International Paper (IP) company. The strike extended into 1988 and the company hired permanent replacements for workers.
The International Paper strike was a strike begun in 1987 by paper mill workers affiliated with the United Paperworkers' International Union (UPIU) at a number of plants in the United States owned by the International Paper (IP) company. The strike extended into 1988 and the company hired permanent replacements for workers.
U.S.-based International Paper secured EU clearance for its 5.8-billion-pound ($7.2 billion) acquisition of UK rival DS Smith with a pledge to sell assets to address competition concerns.
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.
International Paper's (IP) Q3 results improve year over year, driven by higher demand. The ongoing momentum in demand and pricing actions are expected to aid results in the fourth quarter of 2021.
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In 2006, International Paper sold the plant to Verso Holdings, LLC, and 1,000 people worked in the mill at that time. In 2015, Verso laid off 300 workers. A year later, it filed for bankruptcy. In 2017, it laid off an additional 300 people and idled a machine. In April 2020, a wood pulp digester exploded, destroying the mill's pulp machines. [3]
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.