International Paper Company.
Lancaster, PA (Pennsylvania) US
Dunnage Bags, Pipeline Alignment and Sealing Air Bags, Slip Sheets...
TEL: +717 391 3406
FAX: +717 391 3432
http://www.slip-sheet.com
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Lancaster, PA (Pennsylvania) US
Dunnage Bags, Pipeline Alignment and Sealing Air Bags, Slip Sheets...
TEL: +717 391 3406
FAX: +717 391 3432
http://www.slip-sheet.com
Total : 98 View more »
MEMPHIS, Tenn., Nov. 2 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) today announced several retirements and new assignments among its senior management. Printing & Communications Papers and IP Latin America
With paper and paperboard purchasing trends remaining sluggish, International Paper has announced plans to close paper and containerboard mills in Franklin, Va.; Pineville, La., and Albany, Ore.
http://www.purchasing.com/article/366174-International_Paper_shuts_paper_paperboard_mills.php
Paper-packaging+companies+International+Paper+Co.+and+MeadWestvaco+Corp.+reported+higher+third-quarter+profits+on+Wednesday%2c+as+steep+cost+cutting+through+capacity+reductions%2c+plant+closings+and+layoffs+more+than+offset+a+decline+in+revenue.
http://www.marketwatch.com/story/international-paper-meadwestvaco-profits-climb-2009-10-28
Permanent closures to cut North American paper, containerboard capacity by 2.1 million tons/yr; 1,600 workers affected.
http://www.convertingmagazine.com/article/366068-International_Paper_to_shut_down_three_mills.php
Total : 40 View more »
HENDERSON, NV,, Nov 02, 2009 (M2 PRESSWIRE via COMTEX) --
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Today's hot alert includes : International Paper (NYSE: IP)
International Paper Announces Retirements, New Assignments
MEMPHIS, Tenn., Nov. 2 -- International Paper (NYSE: IP) today announced several retirements and new assignments among its senior management.
Printing & Communications Papers and IP Latin America Wayne Brafford, senior vice president, Printing & Communications Papers, announced his retirement, effective Dec. 31, 2009. With Brafford's retirement, Mark Sutton, currently senior vice president of Global Supply Chain, will become senior vice president, Printing & Communications Papers the Americas. Sutton began his career with IP in 1984 and also has served as vice president of European Container, vice president of strategic planning and senior vice president of global supply chain.
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Companies: International Paper Co. (IP)
MEMPHIS, Tenn., Nov 02, 2009 /PRNewswire-FirstCall via COMTEX/ --
International Paper (NYSE: IP) today announced several retirements and new assignments among its senior management.
Printing & Communications Papers and IP Latin America
Wayne Brafford, senior vice president, Printing & Communications Papers, announced his retirement, effective Dec. 31, 2009. With Brafford's retirement, Mark Sutton, currently senior vice president of Global Supply Chain, will become senior vice president, Printing & Communications Papers the Americas. Sutton began his career with IP in 1984 and also has served as vice president of European Container, vice president of strategic planning and senior vice president of global supply chain.
Consumer Packaging and IP Asia
Mike Balduino, senior vice president, Consumer Packaging, and Tom Gestrich, senior vice president and president, IP Asia, also announced their retirements, effective Dec. 31, 2009. With their retirements, Tom Kadien, currently senior vice president and president, xpedx, will become senior vice president, Consumer Packaging and IP Asia, with responsibility for the company's Coated Paperboard, Foodservice, Shorewood Packaging and IP Asia businesses. Kadien has been with IP more than 30 years and has held additional leadership positions in the company's Papers and IP Europe businesses.
xpedx
Mary Laschinger, currently senior vice president and president, Europe, Middle East, Africa and Russia, will become senior vice president and president, xpedx. Laschinger has been with IP since 1992 and has held leadership positions in Specialty Papers, Pulp and Wood Products.
IP Europe
Maximo Pacheco, currently senior vice president and president of IP Brazil and Latin America, will become senior vice president and president, IP Europe, Middle East, Africa and Russia. Pacheco has been with the company since 1994 and also has held executive leadership roles in Carter Holt Harvey Chile as well as IP Latin America.
In announcing the organizational changes, Chairman and CEO John Faraci said, "Mike Balduino, Wayne Brafford and Tom Gestrich have each made many significant and lasting contributions to International Paper throughout their careers. While they will certainly be missed, their planned retirements give other members of our senior management team opportunities to broaden their experience base and contribute to the future success of International Paper."
About International Paper
International Paper (NYSE: IP) is a global paper and packaging company with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include uncoated papers and industrial and consumer packaging, complemented by xpedx, the company's North American distribution company. Headquartered in Memphis, Tenn., the company employs approximately 58,000 people in more than 20 countries and serves customers worldwide. 2008 net sales were approximately $25 billion. For more information about International Paper, its products and stewardship efforts, visit www.internationalpaper.com.
This press release may contain forward-looking statements. These statements reflect management's current views and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these statements. For example, a change in business or personal circumstances may affect the timing of these retirements and leadership changes. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Other factors that could cause or contribute to actual results differing materially from such forward looking statements are discussed in greater detail in the company's Securities and Exchange Commission filings.
SOURCE International Paper
http://www.internationalpaper.com
Tags: africa asia brazil business career ceo chile communications consumer contributions europe executive industrial manufacturing middle east north america nyse packaging president products retirement russia securities tennessee
Companies: International Paper Co. (IP)
Oct 29, 2009 (M2 EQUITYBITES via COMTEX) --
Paper company International Paper (NYSE:IP) reported on Wednesday preliminaryAnet earnings, including special items, attributable to common shareholders of USD371m, or USD0.87 per share, for the third quarter 2009. A This reflects a growth when compared with net earnings of USD136m, or USD0.32 per share, including special items, in the second quarter of 2009 and USD149m, or USD0.35 per share, including special items, for the third quarter of 2008. A Operating profits in the third quarter 2009 were USD940m, an improvement from USD788m from the second quarter of 2009 and USD536m from the third quarter of 2008. A Quarterly net sales were reportedly USD5.9bn in the third quarter 2009 as compared with USD5.8bn in the second quarter of 2009 and USD6.8bn in the third quarter of 2008.
Comments on this story may be sent to admin@m2.com
Companies: International Paper Co. (IP)
Oct 27, 2009 (Zacks.com via COMTEX) --
International Paper Co. (IP) plans to close three of its mills, which will reduce its work force by 1,600 employees. The company plans to close its paper mill and associated operations in Franklin, Virginia, besides its containerboard mills in Pineville, Louisiana and Albany, Oregon.
Also, the company said that it would permanently shut down the previously idled No. 3 machine at its Valliant, Oklahoma, containerboard mill. The Valliant mill's two other machines will continue to operate.
The company said that the permanent shutdowns were necessary as it does not expect the demand to return to 2008 levels in the near future. These actions will reduce the company's North American paper and board capacity by 2.1 million tons.
Following these shutdowns, International Paper will have approximately 10 million tons of North American containerboard capacity, 2.6 million tons of North American uncoated freesheet production capacity, and 1.7 million tons of North American coated paperboard capacity. The company is confident that these shutdowns will not impact its ability to serve the customers.
These closures are expected to result in non-cash asset write-offs and accelerated depreciation charges of approximately $1.1 billion and cash severance charges of approximately $60 million in the fourth quarter of 2009 and first quarter of 2010. Also, the company expects to incur additional closure costs.
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Companies: International Paper Co. (IP)
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Heat Treatment and Coating of Merchandise Packaging, Printing of Merchandise Packaging, Converting Paper Into Merchandise Packaging and Paper Finishing of Merchandise Packaging Design and Creation of Packaging For Merchandise
In this week's edition of Should You Buy It?, RealMoney.com contributor David Peltier chops down International Paper.
Total : 200,000,000 View more »
Produces and distributes paper, packaging and forest products, including building materials. (NYSE: IP)
International Paper Company; Type: Public: Founded: 1898: Headquarters: Memphis, Tennessee: Key people: John V. Faraci, CEO & Chairman: Products: Paper & Paper products
International Paper Company. The Group's principal activity is to distribute, print, pack, graphic art, maintain and industrial products through its branches. It operates in five ...
http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=460146103
International Paper Company (NYSE:IP) Company Financials Income Statement Balance Sheet Cash Flow Statement Contact Information International Paper