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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 .
At its initiation in 1986, Gaylord Container had three paper mills (containerboard), located in Antioch, California, Bogalusa, Louisiana, and Baltimore, Ohio, with converting plants in twelve states. In 1937, Gaylord Container Corp. had acquired the Bogalusa-based Great Southern Lumber Company and its Bogalusa Paper Mill. [21]
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]
Could this paper products giant end up on the block?
While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a look at particularly stock-shaking analyst upgrades and downgrades -- just in case ...
Bogalusa (/ ˌ b oʊ ɡ ə ˈ l uː s ə / BOH-gə-LOO-sə) is a city in Washington Parish, Louisiana, United States.The population was 12,232 at the 2010 census.In the 2020 census the city reported a population of 10,659.
Over the past 12 months, International Paper generated $1,516.0 million cash while it booked net income of $1,341.0 million. That means it turned 5.8% of its revenue into FCF. That sounds OK.
Bogalusa, Louisiana was developed from the ground up as a company town and was the location for Great Southern Lumber Company's sawmill, which began operation in 1908. Other company interests included a railroad and paper mill. The company ceased operation in 1938, when the supply of virgin pines was depleted.
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