International Paper (IP)

Profile

Exchange: NYSE       Sector: Consumer Goods       Industry: Paper & Paper Products

International Paper Co. is a paper and packaging company which, for management and financial reporting purposes, separates its business into six segments: printing papers, industrial packaging, consumer packaging, distribution, forest products, and specialty businesses and other. U.S. operations include 21 pulp, paper and packaging mills, 146 converting and packaging plants, 19 recycling plants and three bag facilities. International operations include nine pulp, paper and packaging mills, 52 converting and packaging plants, and two recycling plants. The company distributes printing, packaging, graphic arts, maintenance and industrial products principally through over 226 distribution branches in the United States and 38 distribution branches located in Canada, Mexico and Asia. At December 31, 2009, International Paper owned or managed approximately 200,000 acres of forestlands in the United States, approximately 250,000 acres in Brazil and had, through licenses and forest management agreements, harvesting rights on government-owned forestlands in Russia. International Paper Co. ia a public company founded in 1898 and headquartered in Memphis, Tennessee.