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EspañolGEORGIA-PACIFIC
:''For the (unrelated) railroad, see Georgia Pacific Railway.''
'Georgia-Pacific LLC'. is an American pulp and paper company based in Atlanta, Georgia, and is one of the world's leading manufacturers and distributors of tissue, pulp, paper, packaging, building products and related chemicals. It has over 55,000 employees at 300 facilities in the United States, Canada and many other countries.
Georgia-Pacific was founded by Owen Robertson Cheatham in 1927 in Augusta, Georgia as the 'Georgia Hardwood Lumber Co.' Over the years it expanded, adding sawmills and plywood lumber mills. In 1956 the company changed its name to Georgia-Pacific Corp. In 1957 the company entered the pulp and paper business by building a kraft pulp and linerboard mill at Toledo, Oregon. The company continued to make acquisitions, including 'Great Northern Nekoosa Corp.' in 1990 and the 'Fort James Corp.' in 2000.
In August 2001, Georgia-Pacific completed the sale of four uncoated paper mills and their associated businesses and assets to Canadian papermaker Domtar for US$1.65 billion.
The Georgia-Pacific Tower in Atlanta houses the company's headquarters.
It was announced on November 13, 2005 that it would be acquired by Koch Industries.[1][2]
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/share.
Researchers at the University of Massachusetts have named Georgia-Pacific as the fifteenth-largest corporate producer of air pollution in the United States; Georgia-Pacific facilities release more than 22,000,000 pounds of toxic chemicals yearly into the air.[3] Georgia-Pacific has also been linked to some of the United States' worst toxic waste sites. In 1995, the company drew criticism for allegedly pressuring the U.S. Senate Judiciary Committee to approve legislation that would allow Georgia-Pacific to "avoid installing pollution gear at many of its plants."[4]. In 1996, Georgia-Pacific agreed to pay for at least US$26,000,000 in environmental measures and $6,000,000 in fines to settle allegations that particle emissions from its facilities endangered people and crops in the southeastern U.S.[5] In 2007, the United States Environmental Protection Agency announced legal agreements among the EPA, Michigan, Georgia-Pacific, and Millennium Holdings 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 $15,000,000 of environmental work on the Kalamazoo River Superfund site. [6].
1. [1]
2. [2]
3. Political Economy Research Institute
4. "Tall Timber and the EPA," ''New York Times'', May 21, 1995
5. "U.S. and Georgia-Pacific Settle Environmental Case," ''New York Times,'' July 19, 1996
6. Environmental Protection Agency
★ Company web site
 Georgia-Pacific logo | ||
| Financial Information | ||
|---|---|---|
| 2004 | 2003 | |
| Net Sales (US$M) | 19,656 | 20,255 |
| Net Income (Loss) (US$M) | 623 | 254 |
'Georgia-Pacific LLC'. is an American pulp and paper company based in Atlanta, Georgia, and is one of the world's leading manufacturers and distributors of tissue, pulp, paper, packaging, building products and related chemicals. It has over 55,000 employees at 300 facilities in the United States, Canada and many other countries.
| Contents |
| History |
| Environmental record |
| References |
| External links |
History
Georgia-Pacific was founded by Owen Robertson Cheatham in 1927 in Augusta, Georgia as the 'Georgia Hardwood Lumber Co.' Over the years it expanded, adding sawmills and plywood lumber mills. In 1956 the company changed its name to Georgia-Pacific Corp. In 1957 the company entered the pulp and paper business by building a kraft pulp and linerboard mill at Toledo, Oregon. The company continued to make acquisitions, including 'Great Northern Nekoosa Corp.' in 1990 and the 'Fort James Corp.' in 2000.
In August 2001, Georgia-Pacific completed the sale of four uncoated paper mills and their associated businesses and assets to Canadian papermaker Domtar for US$1.65 billion.
The Georgia-Pacific Tower in Atlanta houses the company's headquarters.
It was announced on November 13, 2005 that it would be acquired by Koch Industries.[1][2]
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/share.
Environmental record
Researchers at the University of Massachusetts have named Georgia-Pacific as the fifteenth-largest corporate producer of air pollution in the United States; Georgia-Pacific facilities release more than 22,000,000 pounds of toxic chemicals yearly into the air.[3] Georgia-Pacific has also been linked to some of the United States' worst toxic waste sites. In 1995, the company drew criticism for allegedly pressuring the U.S. Senate Judiciary Committee to approve legislation that would allow Georgia-Pacific to "avoid installing pollution gear at many of its plants."[4]. In 1996, Georgia-Pacific agreed to pay for at least US$26,000,000 in environmental measures and $6,000,000 in fines to settle allegations that particle emissions from its facilities endangered people and crops in the southeastern U.S.[5] In 2007, the United States Environmental Protection Agency announced legal agreements among the EPA, Michigan, Georgia-Pacific, and Millennium Holdings 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. [6].
References
1. [1]
2. [2]
3. Political Economy Research Institute
4. "Tall Timber and the EPA," ''New York Times'', May 21, 1995
5. "U.S. and Georgia-Pacific Settle Environmental Case," ''New York Times,'' July 19, 1996
6. Environmental Protection Agency
External links
★ Company web site
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