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class="vector-toc-text"> <span class="vector-toc-numb">1.4</span> <span>Restructuring, 2005–2006</span> </div> </a> <ul id="toc-Restructuring,_2005–2006-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Challenges_of_an_electronic_world" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Challenges_of_an_electronic_world"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.5</span> <span>Challenges of an electronic world</span> </div> </a> <ul id="toc-Challenges_of_an_electronic_world-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Company_logo" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Company_logo"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Company logo</span> </div> </a> <ul id="toc-Company_logo-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Headquarters" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Headquarters"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Headquarters</span> </div> </a> <ul id="toc-Headquarters-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Products_and_corporate_structure" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Products_and_corporate_structure"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>Products and corporate structure</span> </div> </a> <ul id="toc-Products_and_corporate_structure-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" 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mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. Available in 17 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-17" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">17 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-azb mw-list-item"><a href="https://azb.wikipedia.org/wiki/%D8%A7%DB%8C%D9%86%D8%AA%D8%B1%D9%86%D8%B4%D9%86%D8%A7%D9%84_%D9%BE%DB%8C%D9%BE%D8%B1" title="اینترنشنال پیپر – South Azerbaijani" lang="azb" hreflang="azb" data-title="اینترنشنال پیپر" data-language-autonym="تۆرکجه" data-language-local-name="South Azerbaijani" class="interlanguage-link-target"><span>تۆرکجه</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/International_Paper" title="International Paper – Danish" lang="da" hreflang="da" data-title="International Paper" data-language-autonym="Dansk" data-language-local-name="Danish" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de mw-list-item"><a href="https://de.wikipedia.org/wiki/International_Paper" title="International Paper – German" lang="de" hreflang="de" data-title="International Paper" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/International_Paper" title="International Paper – Spanish" lang="es" hreflang="es" data-title="International Paper" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-fa mw-list-item"><a href="https://fa.wikipedia.org/wiki/%D8%A7%DB%8C%D9%86%D8%AA%D8%B1%D9%86%D8%B4%D9%86%D8%A7%D9%84_%D9%BE%DB%8C%D9%BE%D8%B1" title="اینترنشنال پیپر – Persian" lang="fa" hreflang="fa" data-title="اینترنشنال پیپر" data-language-autonym="فارسی" data-language-local-name="Persian" class="interlanguage-link-target"><span>فارسی</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/International_Paper" title="International Paper – French" lang="fr" hreflang="fr" data-title="International Paper" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/International_Paper" title="International Paper – Indonesian" lang="id" hreflang="id" data-title="International Paper" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/International_Paper" title="International Paper – Italian" lang="it" hreflang="it" data-title="International Paper" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-ms mw-list-item"><a href="https://ms.wikipedia.org/wiki/International_Paper" title="International Paper – Malay" lang="ms" hreflang="ms" data-title="International Paper" data-language-autonym="Bahasa Melayu" data-language-local-name="Malay" class="interlanguage-link-target"><span>Bahasa Melayu</span></a></li><li class="interlanguage-link interwiki-nl mw-list-item"><a href="https://nl.wikipedia.org/wiki/International_Paper" title="International Paper – Dutch" lang="nl" hreflang="nl" data-title="International Paper" data-language-autonym="Nederlands" data-language-local-name="Dutch" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/International_Paper" title="International Paper – Polish" lang="pl" hreflang="pl" data-title="International Paper" data-language-autonym="Polski" data-language-local-name="Polish" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/International_Paper" title="International Paper – Portuguese" lang="pt" hreflang="pt" data-title="International Paper" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li><li class="interlanguage-link interwiki-ro mw-list-item"><a href="https://ro.wikipedia.org/wiki/International_Paper" title="International Paper – Romanian" lang="ro" hreflang="ro" data-title="International Paper" data-language-autonym="Română" data-language-local-name="Romanian" class="interlanguage-link-target"><span>Română</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/International_Paper" title="International Paper – Russian" lang="ru" hreflang="ru" data-title="International Paper" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/International_Paper" title="International Paper – Finnish" lang="fi" hreflang="fi" data-title="International Paper" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link 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data-unpinned-container-id="vector-appearance-unpinned-container" > <div class="vector-pinnable-header-label">Appearance</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-appearance.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-appearance.unpin">hide</button> </div> </div> </div> </nav> </div> </div> <div id="bodyContent" class="vector-body" aria-labelledby="firstHeading" data-mw-ve-target-container> <div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">American pulp and paper company</div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">This article is about the paper company. For ISO paper sizes, see <a href="/wiki/ISO_216" title="ISO 216">ISO 216</a>.</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org">International Paper Company</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:InternationalPaper_logo_2023.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/6/6d/InternationalPaper_logo_2023.svg/220px-InternationalPaper_logo_2023.svg.png" decoding="async" width="220" height="46" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/6d/InternationalPaper_logo_2023.svg/330px-InternationalPaper_logo_2023.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/6d/InternationalPaper_logo_2023.svg/440px-InternationalPaper_logo_2023.svg.png 2x" data-file-width="182" data-file-height="38" /></a></span></td></tr><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:International_Paper_Co.,_Cullen,_LA_IMG_5138.JPG" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f9/International_Paper_Co.%2C_Cullen%2C_LA_IMG_5138.JPG/220px-International_Paper_Co.%2C_Cullen%2C_LA_IMG_5138.JPG" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f9/International_Paper_Co.%2C_Cullen%2C_LA_IMG_5138.JPG/330px-International_Paper_Co.%2C_Cullen%2C_LA_IMG_5138.JPG 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f9/International_Paper_Co.%2C_Cullen%2C_LA_IMG_5138.JPG/440px-International_Paper_Co.%2C_Cullen%2C_LA_IMG_5138.JPG 2x" data-file-width="4320" data-file-height="3240" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Public_company" title="Public company">Public</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"><ul><li><a href="/wiki/New_York_Stock_Exchange" title="New York Stock Exchange">NYSE</a>: <a rel="nofollow" class="external text" href="https://www.nyse.com/quote/XNYS:IP">IP</a></li><li><a href="/wiki/S%26P_500" title="S&P 500">S&P 500</a> component</li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/Pulp_and_paper_industry" title="Pulp and paper industry">Pulp and paper</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1898<span class="noprint">; 126 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">1898</span>)</span> in <a href="/wiki/Corinth,_New_York" title="Corinth, New York">Corinth, New York</a>, United States</td></tr><tr><th scope="row" class="infobox-label">Founders</th><td class="infobox-data agent"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1126788409"><div class="plainlist"> <ul><li><a href="/wiki/Hugh_J._Chisholm" title="Hugh J. Chisholm">Hugh J. Chisholm</a></li> <li><a href="/wiki/William_A._Russell_(Massachusetts_politician)" title="William A. Russell (Massachusetts politician)">William A. Russell</a></li></ul> </div></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data label"><a href="/wiki/Memphis,_Tennessee" title="Memphis, Tennessee">Memphis, Tennessee</a>, United States</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data">Worldwide</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Andrew Silvernail <br />(<a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a>)</td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><span typeof="mw:File"><span title="Decrease"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span style="white-space: nowrap"><a href="/wiki/United_States_dollar" title="United States dollar">US$</a>18.9 billion</span> (2023)<sup id="cite_ref-AR23_1-0" class="reference"><a href="#cite_note-AR23-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Earnings_before_interest_and_taxes" title="Earnings before interest and taxes">Operating income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Decrease"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span style="white-space: nowrap">US$667 million</span> (2023)<sup id="cite_ref-AR23_1-1" class="reference"><a href="#cite_note-AR23-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Decrease"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span style="white-space: nowrap">US$288 million</span> (2023)<sup id="cite_ref-AR23_1-2" class="reference"><a href="#cite_note-AR23-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Decrease"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span style="white-space: nowrap">US$23.3 billion</span> (2023)<sup id="cite_ref-AR23_1-3" class="reference"><a href="#cite_note-AR23-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Equity_(finance)" title="Equity (finance)">Total equity</a></span></th><td class="infobox-data"><span typeof="mw:File"><span title="Decrease"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/11px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/17px-Decrease2.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/22px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <span style="white-space: nowrap">US$8.36 billion</span> (2023)<sup id="cite_ref-AR23_1-4" class="reference"><a href="#cite_note-AR23-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">39,000 (2023)<sup id="cite_ref-AR23_1-5" class="reference"><a href="#cite_note-AR23-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data"><a href="/wiki/Temple-Inland" title="Temple-Inland">Temple-Inland</a>, CMCP, Cartón y Papel Reciclado S.A., Cartonajes Union S.L., ZAO, Weldwood of Canada, Castell, L.P., Sustainable Forests, Bolsaflex</td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="http://internationalpaper.com">internationalpaper<wbr />.com</a></span></td></tr></tbody></table> <p>The <b>International Paper Company</b> is an American <a href="/wiki/Pulp_and_paper_industry" title="Pulp and paper industry">pulp and paper company</a>, the largest such company in the world.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> It has approximately 39,000 employees,<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> and is headquartered in <a href="/wiki/Memphis,_Tennessee" title="Memphis, Tennessee">Memphis</a>, <a href="/wiki/Tennessee" title="Tennessee">Tennessee</a>.<sup id="cite_ref-10K_4-0" class="reference"><a href="#cite_note-10K-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:View_of_Paper_Mills,_Chisholm,_ME.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/View_of_Paper_Mills%2C_Chisholm%2C_ME.jpg/220px-View_of_Paper_Mills%2C_Chisholm%2C_ME.jpg" decoding="async" width="220" height="139" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/View_of_Paper_Mills%2C_Chisholm%2C_ME.jpg/330px-View_of_Paper_Mills%2C_Chisholm%2C_ME.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/View_of_Paper_Mills%2C_Chisholm%2C_ME.jpg/440px-View_of_Paper_Mills%2C_Chisholm%2C_ME.jpg 2x" data-file-width="650" data-file-height="410" /></a><figcaption>One of the 17 original founding mills of International Paper <abbr title="circa">c.</abbr><span style="white-space:nowrap;"> 1908</span>, built in 1888 as the Otis Falls Pulp & Paper Company in <a href="/wiki/Chisholm,_Maine" title="Chisholm, Maine">Chisholm</a>, <a href="/wiki/Maine" title="Maine">Maine</a></figcaption></figure> <p>The company was incorporated January 31, 1898, upon the merger of 17 pulp and paper mills in the northeastern United States. Its founders and first two presidents were <a href="/wiki/William_A._Russell_(Massachusetts_politician)" title="William A. Russell (Massachusetts politician)">William Augustus Russell</a>, who died suddenly in January 1899, and <a href="/wiki/Hugh_J._Chisholm" title="Hugh J. Chisholm">Hugh J. Chisholm</a>.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> Philip Tell Dodge, president of the <a href="/wiki/Mergenthaler_Linotype_Company" title="Mergenthaler Linotype Company">Mergenthaler Linotype Company</a>, served as its chairman for 11 years.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> The invention of the <a href="/wiki/Linotype_machine" title="Linotype machine">Linotype</a> dramatically increased the size of newspapers and the need for <a href="/wiki/Newsprint" title="Newsprint">newsprint</a>. The newly formed company supplied 60 percent of all newsprint in the country.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (April 2013)">citation needed</span></a></i>]</sup> </p> <div class="mw-heading mw-heading3"><h3 id="Hudson_River_Mill">Hudson River Mill</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=2" title="Edit section: Hudson River Mill"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">See also: <a href="/wiki/History_of_papermaking_in_New_York" title="History of papermaking in New York">History of papermaking in New York</a></div> <p>The Hudson River Mill in <a href="/wiki/Corinth,_New_York" title="Corinth, New York">Corinth</a>, <a href="/wiki/New_York_(state)" title="New York (state)">New York</a>, where the <a href="/wiki/Sacandaga_River" title="Sacandaga River">Sacandaga River</a> joins the <a href="/wiki/Hudson_River" title="Hudson River">Hudson River</a>, was a pioneer in the development of the modern paper industry in the late 19th century.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> The first wood-based <a href="/wiki/Newsprint" title="Newsprint">newsprint</a> paper mill in New York, it was built by <a href="/wiki/Albrecht_Pagenstecher" class="mw-redirect" title="Albrecht Pagenstecher">Albrecht Pagenstecher</a> in 1869.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> </p><p>In the early 20th century, the Hudson River Mill was one of the company's largest plants and served both as its principal office, and a place where paper workers helped shape the direction of the industry's early labor movement. </p><p>After <a href="/wiki/World_War_II" title="World War II">World War II</a>, Hudson River Mill workers developed the production of <a href="/wiki/Coated_paper" title="Coated paper">coated paper</a> for the company. Shifting economic forces resulted in the mill's closure in November 2002.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> The historic mill was slated for partial demolition during 2011. The work including asbestos removal was completed by Northstar Group Services.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> </p><p>Given the nature of their products, paper plants are highly flammable. Therefore, International Paper Company frequently used <a href="/wiki/Asbestos" title="Asbestos">asbestos</a> insulation in its walls, floors, and roofs as a protective measure. Asbestos insulation was also used on pipes and <a href="/wiki/Boiler" title="Boiler">boilers</a> throughout International Paper plants. This material intended to protect people turned out to severely damage their health<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> The producers did not reveal that their asbestos products were dangerous, even though asbestos was known to cause illnesses as far back as the 1920s. Consequently, many former employees of International Paper have been diagnosed with <a href="/wiki/Mesothelioma" title="Mesothelioma">mesothelioma</a> following decades of service.<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Mill_workers'_strike"><span id="Mill_workers.27_strike"></span>Mill workers' strike</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=3" title="Edit section: Mill workers' strike"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="excerpt-block"><style data-mw-deduplicate="TemplateStyles:r1066933788">.mw-parser-output .excerpt-hat .mw-editsection-like{font-style:normal}</style><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable dablink excerpt-hat selfref">This section is an excerpt from <a href="/wiki/1987%E2%80%931988_International_Paper_strike" title="1987–1988 International Paper strike">1987–1988 International Paper strike</a>.<span class="mw-editsection-like plainlinks"><span class="mw-editsection-bracket">[</span><a class="external text" href="https://en.wikipedia.org/w/index.php?title=1987%E2%80%931988_International_Paper_strike&action=edit">edit</a><span class="mw-editsection-bracket">]</span></span></div><div class="excerpt"> The <a href="/wiki/1987%E2%80%931988_International_Paper_strike" title="1987–1988 International Paper strike">International Paper strike</a> was a <a href="/wiki/Strike_action" title="Strike action">strike</a> begun in 1987 by paper mill workers affiliated with the <a href="/wiki/United_Paperworkers%27_International_Union" title="United Paperworkers' International Union">United Paperworkers' International Union</a> (UPIU) at a number of plants in the <a href="/wiki/United_States" title="United States">United States</a> owned by the International Paper (IP) company. The strike extended into 1988 and the company hired permanent replacements for workers. The plant in Maine, known as the <a href="/wiki/Androscoggin_Mill" title="Androscoggin Mill">Androscoggin Mill</a>, attracted national attention during this period. Ultimately, the strike ended with strikers defeated in their demands and permanently replaced with non-unionized workers. In 2006, International Paper sold this plant to Verso Holdings, LLC. In March 2023, the mill permanently closed.</div></div> <p>The book <i>Betrayal of Local 14: Paperworkers, Politics, and Permanent Replacements</i> was written about the strike at the Androscoggin Mill. The book was written by Julius Gerson Getman, who was an attorney representing the striking paperworkers. </p> <div class="mw-heading mw-heading3"><h3 id="Acquisitions">Acquisitions</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=4" title="Edit section: Acquisitions"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading4"><h4 id="1986–2000"><span id="1986.E2.80.932000"></span>1986–2000</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=5" title="Edit section: 1986–2000"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 1986, the company acquired the <a href="/wiki/Hammermill_Paper_Company" title="Hammermill Paper Company">Hammermill Paper Company</a>, founded in 1898, which managed eleven papermills nationwide, and had its corporate offices based in Erie, PA; in 1988, the Masonite Corporation; and in 1989, the <a href="/wiki/Germany" title="Germany">German</a> paper company Zanders Feinpapiere AG and the <a href="/wiki/France" title="France">French</a> paper manufacturer Aussedat Rey. In 1996, it purchased Federal Paper Board.<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> In 1999, the company purchased <a href="/wiki/Union_Camp_Corporation" title="Union Camp Corporation">Union Camp Corporation</a>, and in June 2000 <a href="/wiki/Champion_International" title="Champion International">Champion International</a>. Additionally, it owned shares in the <a href="/wiki/Chile" title="Chile">Chilean</a> company <a href="/wiki/Empresas_Copec" title="Empresas Copec">Copec</a>.<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading4"><h4 id="2011">2011</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=6" title="Edit section: 2011"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1251242444">.mw-parser-output .ambox{border:1px solid #a2a9b1;border-left:10px solid #36c;background-color:#fbfbfb;box-sizing:border-box}.mw-parser-output .ambox+link+.ambox,.mw-parser-output .ambox+link+style+.ambox,.mw-parser-output .ambox+link+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+style+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+link+.ambox{margin-top:-1px}html body.mediawiki .mw-parser-output .ambox.mbox-small-left{margin:4px 1em 4px 0;overflow:hidden;width:238px;border-collapse:collapse;font-size:88%;line-height:1.25em}.mw-parser-output .ambox-speedy{border-left:10px solid #b32424;background-color:#fee7e6}.mw-parser-output .ambox-delete{border-left:10px solid #b32424}.mw-parser-output .ambox-content{border-left:10px solid #f28500}.mw-parser-output .ambox-style{border-left:10px solid #fc3}.mw-parser-output .ambox-move{border-left:10px solid #9932cc}.mw-parser-output .ambox-protection{border-left:10px solid #a2a9b1}.mw-parser-output .ambox .mbox-text{border:none;padding:0.25em 0.5em;width:100%}.mw-parser-output .ambox .mbox-image{border:none;padding:2px 0 2px 0.5em;text-align:center}.mw-parser-output .ambox .mbox-imageright{border:none;padding:2px 0.5em 2px 0;text-align:center}.mw-parser-output .ambox .mbox-empty-cell{border:none;padding:0;width:1px}.mw-parser-output .ambox .mbox-image-div{width:52px}@media(min-width:720px){.mw-parser-output .ambox{margin:0 10%}}@media print{body.ns-0 .mw-parser-output .ambox{display:none!important}}</style><table class="box-Promotional plainlinks metadata ambox ambox-content ambox-Advert" role="presentation"><tbody><tr><td class="mbox-image"><div class="mbox-image-div"><span typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/b/b4/Ambox_important.svg/40px-Ambox_important.svg.png" decoding="async" width="40" height="40" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/b4/Ambox_important.svg/60px-Ambox_important.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/b/b4/Ambox_important.svg/80px-Ambox_important.svg.png 2x" data-file-width="40" data-file-height="40" /></span></span></div></td><td class="mbox-text"><div class="mbox-text-span">This section <b>contains <a href="/wiki/Wikipedia:What_Wikipedia_is_not#Wikipedia_is_not_a_soapbox_or_means_of_promotion" title="Wikipedia:What Wikipedia is not">promotional content</a></b>.<span class="hide-when-compact"> Please help <a class="external text" href="https://en.wikipedia.org/w/index.php?title=International_Paper&action=edit">improve it</a> by removing <a href="/wiki/Wikipedia:Spam" title="Wikipedia:Spam">promotional language</a> and inappropriate <a href="/wiki/Wikipedia:External_links#Advertising_and_conflicts_of_interest" title="Wikipedia:External links">external links</a>, and by adding encyclopedic text written from a <a href="/wiki/Wikipedia:Neutral_point_of_view" title="Wikipedia:Neutral point of view">neutral point of view</a>.</span> <span class="date-container"><i>(<span class="date">November 2020</span>)</i></span><span class="hide-when-compact"><i> (<small><a href="/wiki/Help:Maintenance_template_removal" title="Help:Maintenance template removal">Learn how and when to remove this message</a></small>)</i></span></div></td></tr></tbody></table> <p><a href="/wiki/Andhra_Pradesh" title="Andhra Pradesh">Andhra Pradesh</a> Paper Mills <a href="/wiki/Rajahmundry" title="Rajahmundry">Rajahmundry</a> (APPM), which is now an International Paper company, is one of the biggest integrated paper and pulp manufacturing centers in <a href="/wiki/India" title="India">India</a>. The company produces writing, printing, and copier papers and paper boards for foreign and domestic markets. APPM's production facilities are two mills in Rajahmundry and <a href="/wiki/Kadiam" class="mw-redirect" title="Kadiam">Kadiam</a> with a total production capacity of 240,000 TPD (Tons Per Day).<sup class="noprint Inline-Template" style="margin-left:0.1em; white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Please_clarify" title="Wikipedia:Please clarify"><span title="tons per acre? (July 2013)">clarification needed</span></a></i>]</sup> </p> <div class="mw-heading mw-heading4"><h4 id="2012">2012</h4><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=7" title="Edit section: 2012"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2012, International Paper acquired <a href="/wiki/Temple-Inland" title="Temple-Inland">Temple-Inland</a> 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.<sup id="cite_ref-prn_21-0" class="reference"><a href="#cite_note-prn-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Restructuring,_2005–2006"><span id="Restructuring.2C_2005.E2.80.932006"></span>Restructuring, 2005–2006</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=8" title="Edit section: Restructuring, 2005–2006"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2005 and 2006, the company undertook a significant restructuring, selling over 6,000,000 acres (24,000 km<sup>2</sup>) of forestland in the U.S., along with its coated paper, <a href="/wiki/Kraft_paper" title="Kraft paper">kraft paper</a>, wood products, and beverage packaging businesses, as well as subsidiaries Arizona Chemical and New Zealand-based <a href="/wiki/Carter_Holt_Harvey" title="Carter Holt Harvey">Carter Holt Harvey</a>. The <a href="/wiki/Coated_paper" title="Coated paper">coated paper</a> business (four mills in <a href="/wiki/Maine" title="Maine">Maine</a>, <a href="/wiki/Michigan" title="Michigan">Michigan</a> and <a href="/wiki/Minnesota" title="Minnesota">Minnesota</a>) were sold to <a href="/wiki/Apollo_Management" class="mw-redirect" title="Apollo Management">Apollo Management</a> and now operate as <a href="/wiki/Verso_Paper" class="mw-redirect" title="Verso Paper">Verso Paper</a>. The kraft paper business (composed of a kraft paper mill in <a href="/wiki/Roanoke_Rapids,_North_Carolina" title="Roanoke Rapids, North Carolina">Roanoke Rapids</a>, <a href="/wiki/North_Carolina" title="North Carolina">North Carolina</a> and a dunnage bag plant in <a href="/wiki/Fordyce,_Arkansas" title="Fordyce, Arkansas">Fordyce</a>, <a href="/wiki/Arkansas" title="Arkansas">Arkansas</a>) was sold to <a href="/wiki/Kapstone" title="Kapstone">Kapstone</a> Paper and Packaging and operates as Kapstone Kraft Paper.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> </p><p>The beverage packaging business, now called Evergreen Packaging, was purchased by <a href="/wiki/Carter_Holt_Harvey" title="Carter Holt Harvey">Carter Holt Harvey</a>, following the purchase of CHH by <a href="/wiki/Graeme_Hart" title="Graeme Hart">Graeme Hart</a>. The company sold its wood products division to <a href="/wiki/West_Fraser_Timber" title="West Fraser Timber">West Fraser Timber</a>, based in <a href="/wiki/Vancouver" title="Vancouver">Vancouver</a>, <a href="/wiki/British_Columbia" title="British Columbia">British Columbia</a>. This included 13 <a href="/wiki/Sawmill" title="Sawmill">sawmills</a>, making West Fraser the second-largest producer of lumber in North America, after <a href="/wiki/Weyerhaeuser_Company" class="mw-redirect" title="Weyerhaeuser Company">Weyerhaeuser Company</a>. </p> <div class="mw-heading mw-heading3"><h3 id="Challenges_of_an_electronic_world">Challenges of an electronic world</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=9" title="Edit section: Challenges of an electronic world"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Under pressure from <a href="/wiki/Budget_sequestration_in_2013" class="mw-redirect" title="Budget sequestration in 2013">budget sequestration in 2013</a>, the <a href="/wiki/Federal_government_of_the_United_States" title="Federal government of the United States">federal government of the United States</a> (IP's largest customer) moved from physical checks to cheaper electronic transactions. </p> <div class="mw-heading mw-heading2"><h2 id="Company_logo">Company logo</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=10" title="Edit section: Company logo"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The company's former <a href="/wiki/Logo" title="Logo">logo</a> was designed by American graphic designers <a href="/wiki/Lester_Beall" title="Lester Beall">Lester Beall</a> and Richard Rogers in 1960. The logo featured the letters "I" and "P" which formed a stylized arrow also resembling a tree surrounded by a circle. A primary constraint in the design process was the need for a logo simple enough that it could be stenciled onto trees and lumber intended for paper production.<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> On March 7, 2023, the company announced a rebrand to coincide with the company's 125th anniversary. The rebrand included a new logo which features a stylized monogram, composed of green elements forming the two letters. Each of the elements features a straight top line and a rounded bottom. The dark green emblem is placed on the left from the two-leveled title case inscription in a modern sans-serif typeface, in black. <sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Headquarters">Headquarters</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=11" title="Edit section: Headquarters"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1257001546"><table class="infobox vcard"><tbody><tr><th colspan="2" class="infobox-above fn org">International Paper Headquarters</th></tr><tr><th colspan="2" class="infobox-header" style="background-color:#ededed">General information</th></tr><tr><th scope="row" class="infobox-label">Type</th><td class="infobox-data category">Office complex (four buildings)</td></tr><tr><th scope="row" class="infobox-label">Location</th><td class="infobox-data label"><a href="/wiki/Memphis,_Tennessee" title="Memphis, Tennessee">Memphis</a>, <a href="/wiki/Tennessee" title="Tennessee">Tennessee</a></td></tr><tr><th scope="row" class="infobox-label">Country</th><td class="infobox-data">United States</td></tr><tr><th scope="row" class="infobox-label">Current tenants</th><td class="infobox-data">International Paper</td></tr><tr><th scope="row" class="infobox-label">Owner</th><td class="infobox-data">Highwood Properties Inc.</td></tr><tr><th colspan="2" class="infobox-header" style="background-color:#ededed">Technical details</th></tr><tr><th scope="row" class="infobox-label">Floor count</th><td class="infobox-data">10 (for each tower)</td></tr><tr><th colspan="2" class="infobox-header" style="background-color:#ededed">Design and construction</th></tr><tr><th scope="row" class="infobox-label">Architecture firm</th><td class="infobox-data"><a href="/wiki/The_Crump_Firm" title="The Crump Firm">The Crump Firm</a></td></tr></tbody></table> <p>International Paper owns Tower I (at 6400 Poplar) and occupies the entire property and leases 50,000 square feet in Tower II (at 6410 Poplar) and all of Tower III (at 6420 Poplar).<sup id="cite_ref-MBJ_25-0" class="reference"><a href="#cite_note-MBJ-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> </p><p>In 2000, International Place Tower III was designed and rests amid the two existing towers and courtyard. <a href="/wiki/The_Crump_Firm" title="The Crump Firm">The Crump Firm</a> designed the eleven-story, 234,000 <a href="/wiki/Square_foot" title="Square foot">square foot</a> tower to include offices, conference rooms, training rooms and dining facilities. The exterior <a href="/wiki/Granite" title="Granite">granite</a> was bought and warehoused in the mid-1980s with the intent that its construction would mimic that of the earlier towers. However, inclusion of <a href="/wiki/Seismic" class="mw-redirect" title="Seismic">seismic</a> criteria to the Memphis <a href="/wiki/Building_code" title="Building code">building code</a> in 1994 made the initial design unable to move forward. Therefore, <a href="/wiki/Architect" title="Architect">architects</a> had to completely change the original <a href="/wiki/Structural_design" class="mw-redirect" title="Structural design">structural design</a> in order to adhere to the strict exterior dimensions needed to utilize the existing granite and to match the existing towers.<sup id="cite_ref-Crump_26-0" class="reference"><a href="#cite_note-Crump-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> </p><p>In 2012, it was announced that International Paper was building a $90.2 million, 235,000-square-foot tower at 6430 Poplar Ave. in East Memphis.<sup id="cite_ref-MBJ_25-1" class="reference"><a href="#cite_note-MBJ-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> </p><p>In addition to the four office towers at International Place, the company operates an airport hangar facility (at 2522 Winchester Road) and a Southwind data center at (3232 Players Club Parkway). Other company related facilities include a recycling center on South Third and two warehouse operations across Memphis.<sup id="cite_ref-MBJ_25-2" class="reference"><a href="#cite_note-MBJ-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Products_and_corporate_structure">Products and corporate structure</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=12" title="Edit section: Products and corporate structure"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <figure class="mw-default-size mw-halign-left" typeof="mw:File/Thumb"><a href="/wiki/File:International_Paper_Co._Mill,_Berlin,_NH.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/International_Paper_Co._Mill%2C_Berlin%2C_NH.jpg/220px-International_Paper_Co._Mill%2C_Berlin%2C_NH.jpg" decoding="async" width="220" height="142" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/International_Paper_Co._Mill%2C_Berlin%2C_NH.jpg/330px-International_Paper_Co._Mill%2C_Berlin%2C_NH.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5b/International_Paper_Co._Mill%2C_Berlin%2C_NH.jpg/440px-International_Paper_Co._Mill%2C_Berlin%2C_NH.jpg 2x" data-file-width="653" data-file-height="421" /></a><figcaption>One of the old mills in the former "<a href="/wiki/Mill_town" title="Mill town">mill town</a>" of <a href="/wiki/Berlin,_New_Hampshire" title="Berlin, New Hampshire">Berlin</a>, <a href="/wiki/New_Hampshire" title="New Hampshire">New Hampshire</a>, owned by the International Paper, <abbr title="circa">c.</abbr><span style="white-space:nowrap;"> 1912</span></figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:InternationalPaper6413.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c5/InternationalPaper6413.jpg/220px-InternationalPaper6413.jpg" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/c/c5/InternationalPaper6413.jpg 1.5x" data-file-width="300" data-file-height="225" /></a><figcaption>Pulp and converting paper mill, located in <a href="/wiki/Georgetown,_South_Carolina" title="Georgetown, South Carolina">Georgetown</a>, <a href="/wiki/South_Carolina" title="South Carolina">South Carolina</a></figcaption></figure> <figure class="mw-halign-right" typeof="mw:File/Thumb"><a href="/wiki/File:Remnants_of_the_Gardiner_Mill.JPG" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Remnants_of_the_Gardiner_Mill.JPG/220px-Remnants_of_the_Gardiner_Mill.JPG" decoding="async" width="220" height="165" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Remnants_of_the_Gardiner_Mill.JPG/330px-Remnants_of_the_Gardiner_Mill.JPG 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Remnants_of_the_Gardiner_Mill.JPG/440px-Remnants_of_the_Gardiner_Mill.JPG 2x" data-file-width="3648" data-file-height="2736" /></a><figcaption>Outside the remnants of the International Paper mill in <a href="/wiki/Gardiner,_Oregon" title="Gardiner, Oregon">Gardiner, Oregon</a></figcaption></figure> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Kwidzyn_by_night.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/b/b4/Kwidzyn_by_night.jpg/220px-Kwidzyn_by_night.jpg" decoding="async" width="220" height="54" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/b4/Kwidzyn_by_night.jpg/330px-Kwidzyn_by_night.jpg 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/b/b4/Kwidzyn_by_night.jpg/440px-Kwidzyn_by_night.jpg 2x" data-file-width="651" data-file-height="159" /></a><figcaption>Factory in <a href="/wiki/Kwidzyn" title="Kwidzyn">Kwidzyn</a>, <a href="/wiki/Poland" title="Poland">Poland</a>, at night</figcaption></figure> <p>The company used to be the largest producer of <a href="/wiki/Plastic_lid" class="mw-redirect" title="Plastic lid">plastic lids</a> and <a href="/wiki/Paper_cup" title="Paper cup">paper cups</a>, manufacturing for the fast-food giants <a href="/wiki/McDonald%27s" title="McDonald's">McDonald's</a>, <a href="/wiki/Wendy%27s" title="Wendy's">Wendy's</a>, <a href="/wiki/Subway_(restaurant)" title="Subway (restaurant)">Subway</a>, but its consumer packaging division was sold to <a href="/wiki/Graphic_Packaging" title="Graphic Packaging">Graphic Packaging</a> on January 2, 2018. Its wood products division was sold in 2007 to West Fraser Timber Co. Ltd., a company headquartered in Vancouver, British Columbia. The company produces <a href="/wiki/Printer_(computing)" title="Printer (computing)">printer</a> and <a href="/wiki/Copier" class="mw-redirect" title="Copier">copier</a> paper, <a href="/wiki/Envelope" title="Envelope">envelopes</a>, corrugated <a href="/wiki/Packaging" title="Packaging">packaging</a> and <a href="/wiki/Pulp_(paper)" title="Pulp (paper)">pulp</a>. </p><p>The company is a former <a href="/wiki/Dow_Jones_Industrial_Average" title="Dow Jones Industrial Average">Dow Jones Industrial Average</a> component, included in the index from July 3, 1956, to April 7, 2004. It was one of three components to be dropped in the 2004 change, together with <a href="/wiki/AT%26T_Corporation" title="AT&T Corporation">AT&T Corporation</a> and <a href="/wiki/Eastman_Kodak" class="mw-redirect" title="Eastman Kodak">Eastman Kodak</a>. </p><p>Beginning February 1, 2007, the sale of the beverage-packaging division was completed as <a href="/wiki/New_Zealand" title="New Zealand">New Zealand</a> billionaire <a href="/wiki/Graeme_Hart" title="Graeme Hart">Graeme Hart</a> won the bid with purchase price of nearly $800 million. The division now operates under the Evergreen label. </p><p>On March 17, 2008, the company announced it was buying the containerboard unit of <a href="/wiki/Weyerhaeuser" title="Weyerhaeuser">Weyerhaeuser</a> for $6 billion in cash. </p><p>In October 2007, it formed a joint venture with Ilim Holding, Ilim Group, the alliance in the Russian forest sector. </p><p>On July 1, 2014, the company announced the completion of the xpedx spinoff which merged with Unisource, creating an independent company, <a href="/wiki/Veritiv" title="Veritiv">Veritiv</a> Corporation. </p><p>On May 2, 2016, it announced the acquisition of Weyerhaeuser's cellulose fiber division. The acquisition was completed on Dec 1, 2016.<sup id="cite_ref-27" class="reference"><a href="#cite_note-27"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup> </p><p>On Oct 1, 2021 a spin-off was completed creating a stand alone company by the name of Sylvamo. Sylvamo's headquarters are also located in Memphis TN. Divested were the Printing & Communications (White Uncoated Freesheet) mills in Ticonderoga NY, Eastover SC, Mogi Guacu Brazil, Luiz Antonio Brazil, Tres Lagoas Brazil, Saillat France, and Svetogorsk Russia. </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=13" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239009302">.mw-parser-output .portalbox{padding:0;margin:0.5em 0;display:table;box-sizing:border-box;max-width:175px;list-style:none}.mw-parser-output .portalborder{border:1px solid var(--border-color-base,#a2a9b1);padding:0.1em;background:var(--background-color-neutral-subtle,#f8f9fa)}.mw-parser-output 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companies</a></li></ul> <div style="clear:both;" class=""></div> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=14" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output 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a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.sec.gov/ix?doc=/Archives/edgar/data/51434/000005143424000024/ip-20231231.htm">"2023 Annual Report (Form 10-K)"</a>. U.S. Securities and Exchange Commission. February 16, 2024.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=2023+Annual+Report+%28Form+10-K%29&rft.pub=U.S.+Securities+and+Exchange+Commission&rft.date=2024-02-16&rft_id=https%3A%2F%2Fwww.sec.gov%2Fix%3Fdoc%3D%2FArchives%2Fedgar%2Fdata%2F51434%2F000005143424000024%2Fip-20231231.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3AInternational+Paper" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text">Kaskey, Jack (August 28, 2009) <a rel="nofollow" class="external text" href="https://www.bloomberg.com/apps/news?pid=20601109&sid=aEHNB_XJRWGU">"International Paper Treads Monsanto's Path to 'Frankenforests'"</a>. <a href="/wiki/Bloomberg_News" title="Bloomberg News">Bloomberg News</a>. Retrieved July 18, 2013.</span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20200211120030/https://fortune.com/fortune500/international-paper/">"International Paper"</a>. <i>Fortune</i>. Archived from <a rel="nofollow" class="external text" href="http://fortune.com/fortune500/international-paper/">the original</a> on February 11, 2020<span class="reference-accessdate">. Retrieved <span class="nowrap">November 15,</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Fortune&rft.atitle=International+Paper&rft_id=http%3A%2F%2Ffortune.com%2Ffortune500%2Finternational-paper%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AInternational+Paper" class="Z3988"></span></span> </li> <li id="cite_note-10K-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-10K_4-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.sec.gov/Archives/edgar/data/51434/000005143414000003/ip10-k123113.htm">"2013 Form 10-K, International Paper Company"</a>. <a href="/wiki/United_States_Securities_and_Exchange_Commission" class="mw-redirect" title="United States Securities and Exchange Commission">United States Securities and Exchange Commission</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=2013+Form+10-K%2C+International+Paper+Company&rft.pub=United+States+Securities+and+Exchange+Commission&rft_id=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F51434%2F000005143414000003%2Fip10-k123113.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3AInternational+Paper" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFDatabasen.d." class="citation news cs1">Database (n.d.). <a rel="nofollow" class="external text" href="http://topics.nytimes.com/top/news/business/companies/international_paper_company/index.html">"International Paper Company"</a>. <i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i><span class="reference-accessdate">. Retrieved <span class="nowrap">July 18,</span> 2013</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+New+York+Times&rft.atitle=International+Paper+Company&rft.au=Database&rft_id=http%3A%2F%2Ftopics.nytimes.com%2Ftop%2Fnews%2Fbusiness%2Fcompanies%2Finternational_paper_company%2Findex.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AInternational+Paper" class="Z3988"></span></span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.foresthistory.org/Publications/FHT/FHT1998/IP.pdf">"A Short History of International Paper: Generations of Pride"</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20090326112052/http://www.foresthistory.org/Publications/FHT/FHT1998/IP.pdf">Archived</a> March 26, 2009, at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a> (<a href="/wiki/PDF" title="PDF">PDF</a>). <i>Forest History Today</i>. 1998.</span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation journal cs1"><a rel="nofollow" class="external text" href="https://www.newspapers.com/clip/24484258/philip_t_dodge_estate/">"Philip T Dodge Estate Placed at 3 millions"</a>. <i>Chicago Tribune</i>: 18. June 1, 1933.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Chicago+Tribune&rft.atitle=Philip+T+Dodge+Estate+Placed+at+3+millions&rft.pages=18&rft.date=1933-06-01&rft_id=https%3A%2F%2Fwww.newspapers.com%2Fclip%2F24484258%2Fphilip_t_dodge_estate%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AInternational+Paper" class="Z3988"></span></span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.hudsonrivermillproject.org/pages/theme04.htm">The Hudson River Mill Project</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20130925154713/http://hudsonrivermillproject.org/pages/theme04.htm">Archived</a> September 25, 2013, at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>.</span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20180914212529/http://www.adirondackbranch.net/sIP.html">"Adirondackbranch.net"</a>. Archived from <a rel="nofollow" class="external text" href="http://www.adirondackbranch.net/sIP.html">the original</a> on September 14, 2018<span class="reference-accessdate">. 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Memphis Business Journal<span class="reference-accessdate">. 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The Crump Firm. Archived from <a rel="nofollow" class="external text" href="http://crumpfirm.com/ip3.html">the original</a> on February 15, 2016<span class="reference-accessdate">. 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Retrieved <span class="nowrap">October 5,</span> 2022</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Weyerhaeuser+Investor+Relations&rft.atitle=Weyerhaeuser+completes+sale+of+Cellulose+Fibers+pulp+mills+to+International+Paper+-+Dec+1%2C+2016&rft_id=https%3A%2F%2Finvestor.weyerhaeuser.com%2F2016-12-01-Weyerhaeuser-completes-sale-of-Cellulose-Fibers-pulp-mills-to-International-Paper&rfr_id=info%3Asid%2Fen.wikipedia.org%3AInternational+Paper" class="Z3988"></span></span> </li> </ol></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=International_Paper&action=edit&section=15" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1235681985">.mw-parser-output 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href="https://www.google.com/finance/quote/IP:NYSE">Google</a></li><li><a rel="nofollow" class="external text" href="https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=IP">SEC filings</a></li><li><a rel="nofollow" class="external text" href="https://finance.yahoo.com/quote/IP">Yahoo!</a></li></ul></div></li> <li><a rel="nofollow" class="external text" href="http://foresthistory.org/ead/Champion_International_Corporation.html">Inventory of the Champion International Corporation Image Collection, 1950–1979</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20091210124056/http://foresthistory.org/ead/Champion_International_Corporation.html">Archived</a> December 10, 2009, at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a> in the <a href="/wiki/Forest_History_Society" title="Forest History Society">Forest History Society</a> Library and Archives, Durham, North Carolina</li> <li><a rel="nofollow" class="external text" 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