Georgia-Pacific
Parent Koch Industries | | |
Website | www |
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Georgia-Pacific LLC is an American
History
Georgia-Pacific was founded by Owen Robertson Cheatham on September 22, 1927 in Augusta, Georgia, as the Georgia Hardwood Lumber Co. Over the years it expanded, adding sawmills and plywood plants. The company acquired its first West Coast facility in 1947 and changed its name to Georgia-Pacific Plywood & Lumber Company in 1948.
In 1956, the company changed its name to Georgia-Pacific Corporation. In 1957 -- led by new president
It was announced on November 13, 2005 that Georgia-Pacific would be acquired by Koch Industries.[2][5] On December 23, 2005, Koch Industries finalized the $21 billion acquisition of Georgia-Pacific. Georgia-Pacific was removed from the NYSE (it had traded under the symbol GP) and shareholders surrendered their shares for about $48 per share.
The
On January 11, 2010, Georgia-Pacific signed an agreement to acquire Grant Forest Products'
On June 19, 2014, Georgia-Pacific announced it will acquire SPG Holdings.[8] In 2018, Georgia-Pacific's facilities in Taylorsville, Mississippi were the site of a two-week labor strike.[9]
Brand names
Georgia-Pacific operates under many different brand names.
- Angel Soft and Quilted Northern are toilet paper and facial tissue brands.
- Blue Ribbon, Clutter Cutter, DensArmor Plus, DensDeck, DensGlass, DensShield, DryPly, FireGuard, GP Lam, Hushboard, Nautilus, Ply-Bead, Plytanium, Southern Gold, Sta-Strait, Thermostat, ToughRock, Wood I Beam, and XJ 85 are building and remodeling brands.
- Sparkle and Brawny are paper towel brands.
- Vanity Fair is a premium napkin brand.
- Dixie Insulair, PerfecTouch, and Ultra are tableware brands.
- Advantage, Image Plus, and Spectrum are office paper brands.
Discontinued brands include Soft n' Gentle (toilet paper), Zee (napkins and paper towels), and Mardi Gras (napkins and paper towels). The toilet paper and paper towel brands are sold in different price segments, with the Angel Soft and Sparkle brands being more value-priced and the Quilted Northern and Brawny brands being premium offerings.
Environmental record
Stephen Engelberg of
Georgia-Pacific is also involved in several
In 2007, the EPA announced legal agreements among itself, Michigan, Georgia-Pacific, and Millennium Holdings (a corporate successor of the Allied Paper Corporation) requiring the companies to clean up an estimated $21,000,000 worth of environmental damage to the Plainwell Impoundment Area. Another settlement required an additional $15,000,000 of environmental work on the Kalamazoo River Superfund Site.[12]
Georgia-Pacific is the largest user of
The Georgia-Pacific Paper Mill in Crossett, Arkansas was the subject of environmental documentary film Company Town, released in 2016. The film alleges that improper waste disposal by the mill has caused a cluster of cancer incidents in the area around the mill.[citation needed]
Awards and charity
In 2009, the EPA awarded Koch subsidiary Georgia-Pacific its SmartWay Excellence award, "an innovative collaboration between the U.S. Environmental Protection Agency (EPA) and the freight industry designed to increase energy efficiency while significantly reducing air pollution," and specifically commended Georgia-Pacific. The award states:
In, 2008, 93 percent of Georgia-Pacific's freight was hauled by SmartWay Transport Partners, an increase of 47 percent over the previous year. Of the 145 carriers Georgia-Pacific uses, 104 were SmartWay carriers, an increase of 33 percent over 2007. In 2008, Georgia-Pacific experienced tremendous growth in its intermodal shipping. Georgia-Pacific was able to work with its customers to increase lead-time and create more intermodal freight shipments without significantly impacting customer's needs, thus increasing intermodal loads by 39 percent in 2008 as compared to 2007. Georgia-Pacific uses advanced software to pack loads more efficiently and increase cube utilization in its trailers. The company also reduced empty loads by 10 percent, increased utilization of local fleets, and established an idling reduction policy in place at its 12 distribution centers. In the summer of 2008, Georgia Pacific held a fuel conservation summit to explore ways for shippers and carriers to work together to further reduce fuel consumption from its freight transport operations.[14]
The Georgia-Pacific Foundation Scholarship Program for Employees' Children has awarded nearly $10.5 million in college scholarships to children of the company's employees between 1988 and 2013.[15]
References
- ^ "Georgia-Pacific LLC". LEI Reference Data. Retrieved 13 December 2021.
- ^ New York Times, retrieved November 24, 2023
- ^ Wall Street Journal, retrieved November 24, 2023
- ^ "Crown-Zellerbach". Notable Names Database. Soylent Communications. 2009. Archived from the original on 2014-07-03. Retrieved 2010-02-04.
- ^ Koch Industries newsroom
- ^ "Georgia-Pacific News".
- ^ Georgia-Pacific. "Georgia-Pacific Completes Asset Acquisition Of Temple-Inland Building Products". MarketWatch. Retrieved 26 July 2013.
- ^ "Georgia-Pacific to buy SPG Holdings, adding to Green Bay holdings". Milwaukee Business Journal. June 20, 2014. Retrieved July 14, 2014.
- AP News. Associated Press. March 30, 2018. Archivedfrom the original on November 5, 2020. Retrieved November 6, 2020.
- ^ ISSN 0362-4331. Retrieved 2020-03-02.
- ^ Georgia-Pacific pitches $80-$90 million plan to remove Otsego-area dams as part of Kalamazoo River cleanup August 23, 2012 Kalamazoo News
- ^ "Environmental Protection Agency". epa.gov. Retrieved 21 March 2018.
- ^ Taylor, Brian. "Paper Recycling Supplement--World View". Recycling Today. Archived from the original on 22 February 2014. Retrieved 25 July 2013.
- U.S. Environmental Protection Agency. Retrieved 23 April 2011.
- ^ Staff reports (17 July 2013). "Girl with local ties wins 2013 Georgia-Pacific Scholarship". Demopolis Times. Retrieved 25 July 2013.