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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 .
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The company was formed in August 2006 when Apollo Global Management purchased the coated and supercalendered paper business from International Paper. [2] [3] In April 2008, Verso conducted an initial public offering and was listed on the New York Stock Exchange. [4] In January 2015, Verso completed its acquisition of NewPage Holdings. [5]
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In 1962, they bought the Strathmore Paper Company. [4] After a failed takeover by Paul Bilzerian and brothers William and Earle I. Mack (sons of New Jersey real estate developer H. Bert Mack), [5] Hammermill was purchased in 1986, by International Paper Company, with customer services and operations moving to their Memphis headquarters in 1988 ...
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.
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