International Paper Makes Fortune's List of America's Most Admired Companies
For industries with many large companies worldwide, like Megabanks, for example, a representative international cross section was constructed by Fortune's senior list editor. Four factors were taken into consideration: revenue size, country, past performance and willingness to participate in the WMAC survey. In some cases, to achieve the representative cross section, as many as 17 companies are surveyed. To be eligible for the survey, a nonU.S. company must be in Fortune's Global 500 database, where companies with revenue for 2013 of approximately $10 billion are tracked. A U.S. company must be ranked in the 2014 Fortune 1,000 listing to be considered for the survey (company number 1,000 this year had revenue of $1.898 billion in 2013).
About International Paper
International Paper (NYSE: IP) is a global leader in packaging and paper with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses include industrial and consumer packaging along with uncoated papers and pulp. Headquartered in Memphis, TN, the company employs approximately 58,000 people and is strategically located in more than 24 countries serving customers worldwide. International Paper net sales for 2014 were $24 billion.
Fortune is a global leader in business journalism known for its unrivaled access to industry leaders and decision makers. Founded in 1930, Fortune magazine has a worldwide circulation of more than 1 million and a readership of nearly 5 million and is the only business brand with editions in Europe and Asia, including a Chinese-language edition. Fortune is home to some of the strongest business franchises, including: Fortune 500, Best Companies, World's Most Admired Companies, Fastest Growing Companies and Most Powerful Women. The Fortune Conference Division extends the brand's mission into live settings, hosting a wide range of annual conferences for top-level executives, including the Fortune Global Forum and the Most Powerful Women Summit.
Source: International Paper.