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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 ...
International Paper announced in September 2013 that it would shut down operations at its Courtland Mill facility in Courtland, Alabama, which had been one of the area's largest employers since 1970. [19] The abrupt announcement created economic and environmental concerns in Lawrence County, Alabama. Residents, current employees, and local ...
In 2012, International Paper acquired Temple-Inland in a deal valued at $4.5 billion. Temple-Inland then became a wholly owned subsidiary of International Paper. At the time of sale, Temple-Inland's corrugated packaging operation consisted of 7 mills and 59 converting facilities as well as the building products operation. [21]
In December 2021, Swedish pulp and paper company BillerudKorsnäs announced a takeover of Verso, which was completed in 2022. [ 18 ] In January 2022, The state of Michigan announced a $244,451 settlement with Verso Corporation over national pollutant discharge elimination system violations at the company’s Escanaba Paper Mill [ 19 ] which ...
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.
TGI Fridays has closed 50 locations this year, according to Restaurant Business, and this month alone, restaurants in Charlotte, North Carolina; Charleston, South Carolina; Grand Chute, Wisconsin ...
The less profitable container division (brown paper) of CZ became "Gaylord Container," and after a brief period as a limited partnership, was sold in November 1986 for $260 million to a group of Midwest investors led by Warren Hayford [dead link ] (b. 1929) and Marvin Pomerantz (1930–2008). [15]
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