Quantcast
Last updated on April 20, 2014 at 17:20 EDT

Latest Temple-Inland Stories

2013-01-29 08:32:18

MEMPHIS, Tenn., Jan. 29, 2013 /PRNewswire/ -- International Paper (NYSE: IP) reported preliminary full-year 2012 net earnings attributable to common shareholders totaling $794 million ($1.80 per share) compared with $1.3 billion ($3.03 per share) in full-year 2011. In the fourth quarter of 2012, the company reported net earnings of $235 million ($0.53 per share) compared with $281 million ($0.65 per share) in the fourth quarter of 2011. Amounts in all periods include special items and...

2013-01-14 12:27:47

MEMPHIS, Tenn., Jan. 14, 2013 /PRNewswire/ -- International Paper (NYSE: IP) and Brazilian corrugated packaging producer Jari Celulose, Embalagens e Papel S.A., a Grupo Orsa company, have finalized the formation of Orsa International Paper Embalagens S.A. The new entity, in which IP will hold a 75 percent stake, includes three containerboard mills and four box plants, which make up Jari's former industrial packaging assets. Today's closing completes the transaction announced in...

2013-01-03 12:25:15

MEMPHIS, Tenn., Jan. 3, 2013 /PRNewswire/ -- International Paper today announced it has completed the acquisition of the shares of its joint venture partner Sabanci Holding in the Turkish corrugated packaging company Olmuksa, for a purchase price of $56 million. International Paper had obtained regulatory approval for the deal in the fourth quarter of 2012. The deal sees International Paper become the majority shareholder, owning approximately 87.5 percent of Olmuksa's outstanding shares....

2012-12-13 12:26:40

ATLANTA, Dec. 13, 2012 /PRNewswire/ -- Georgia-Pacific today announced that it has reached an agreement to acquire the assets of the Temple-Inland Building Products business from International Paper Co. The purchase price is $750 million and the transaction is subject to regulatory approvals. The acquisition is anticipated to close in the first quarter of 2013. (Logo: http://photos.prnewswire.com/prnh/20030425/PAPLOGO) "This acquisition is a long-term investment that will create value for...

2012-12-13 08:28:14

MEMPHIS, Tenn., Dec. 13, 2012 /PRNewswire/ -- International Paper (NYSE: IP) today announced that it has reached an agreement to sell its Temple-Inland Building Products division to Georgia-Pacific LLC for $750 million in cash, subject to certain pre-and post-closing adjustments. The assets to be sold include 16 manufacturing facilities - five solid wood mills, four particleboard plants, two medium-density fiberboard plants, one fiberboard plant and four gypsum wallboard plants. (Logo:...

2012-10-24 15:28:04

MEMPHIS, Tenn., Oct. 24, 2012 /PRNewswire/ -- International Paper (NYSE: IP) and Brazilian corrugated packaging producer Jari Celulose, Embalagens e Papel S/A, a Grupo Orsa company, have entered into an agreement to form a joint venture which will support IP's strategy of growing its global packaging presence and better serving its global customer base. Jari's industrial packaging assets, including three containerboard mills and four box plants, will be separated from its pulp and...

2012-10-19 15:23:01

PITTSBURGH, Oct. 19, 2012 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today said that workers ratified an agreement this week to integrate about 1,400 workers at 18 former Temple-Inland box plants into the union's master economic agreement with International Paper (IP), with 90% of the ballots cast in favor of the contract. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO) Overall, the union represents about 4,000 workers at 61 IP box plants, along with some 6,000...

2012-08-17 10:22:18

MEMPHIS, Tenn., Aug. 17, 2012 /PRNewswire/ -- International Paper (NYSE: IP) Chairman and Chief Executive Officer John V. Faraci will speak at the UBS Global Paper and Forest Products Conference in New York City on September 13(th). The presentation is scheduled to begin at 8:00 a.m. EDT and will be followed by a question and answer session. (Logo: http://photos.prnewswire.com/prnh/20020701/IPLOGO ) All interested parties are invited to listen to the webcast live via International Paper's...

2012-07-26 02:31:51

MEMPHIS, Tenn., July 26, 2012 /PRNewswire/ -- International Paper (NYSE: IP) today reported second-quarter 2012 net earnings attributable to common shareholders totaling $134 million ($0.31 per share) compared with net earnings of $188 million ($0.43 per share) in the first quarter of 2012 and $219 million ($0.51 per share) in the second quarter of 2011. Amounts in all periods include the impact of special items. (Logo: http://photos.prnewswire.com/prnh/20020701/IPLOGO ) Diluted Earnings...

2012-07-02 10:23:48

MEMPHIS, Tenn., July 2, 2012 /PRNewswire/ -- International Paper (NYSE: IP) today announced that it has finalized the sale of its Ontario and Oxnard, California containerboard mills to New-Indy Containerboard LLC, along with its New Johnsonville, Tennessee containerboard mill to Hood Container Corporation. By completing these transactions, the company satisfies its divestiture obligations under its February 2012 settlement agreement with the U.S. Department of Justice. The settlement...