International Paper unveiled a new Digital Paper Portfolio swatchbook at DscoopX today in Washington, DC.
For the second time this year, a worker has been killed in an accident at the International Paper Red River Mill in Campti, LA.
For the 12th time, International Paper has been named by Fortune magazine as one of “America’s Most Admired Companies.”
The 2014 fourth-quarter and full year earnings from International Paper have been released. The company reported full-year 2014 net earnings attributable to common shareholders totaling $555 million ($1.29 per share) compared with $1.4 billion ($3.11 per share) in full-year 2013. Full-year 2014 Operating Earnings were $1.3 billion ($3.00 per share) compared with $1.4 billion ($3.06 per share) in 2013.
Now we know why International Paper isn't joining with other North
American paper companies in their recently filed anti-dumping
complaint: It is supposedly one of the perpetrators.
The complaint itself lists the alleged perpetrators, which include International Paper's Brazilian operation. IP would probably welcome the tariffs—and not because it's been afflicted with a case of corporate masochism.
Third quarter 2014 net earnings have been released by International Paper. Operating Earnings were $409 million ($0.95 per share) in the third quarter of 2014, compared with $400 million ($0.93 per share) in the second quarter of 2014 and $455 million ($1.01 per share) in the third quarter of 2013.
Effective this November, Mark Sutton will serve as International Paper's newest CEO. On January 1, 2015, he will assume the post of chairman, as well. The company also announced the retirement of John Faraci, current chairman and CEO for the past 11 years, along with several other new appointments.
SAVANNAH, GA—For the second time in as many weeks, a paper mill
accident has claimed the life of a worker.
Ricky Salter, 58, a maintenance worker at the International Paper plant in Savannah, GA, was killed Sunday afternoon in an industrial accident, reported WJCL. International Paper said that Salter died in the plant's paper roll handling area.
International Paper has reported second quarter 2014 net earnings attributable to common shareholders totaling $161 million ($0.37 per share) compared with a net loss of $95 million ($0.21 per share) in the first quarter of 2014, which included a pre-tax charge of $495 million associated with the Courtland mill shutdown, and net earnings of $259 million ($0.57 per share) in the second quarter of 2013.