| 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. The global pulp and paper industry is dominated by North American ( United States, Canada) Northern European ( Finland, Sweden Facial tissue Tissue paper or wrapping tissue is a type of thin translucent Paper used for wrapping and cushioning items Wood pulp is a dry fibrous material prepared by chemically or mechanically separating the fibers which make up Wood. Paper is thin material mainly used for writing upon printing upon or packaging It has over 55,000 employees at 300 facilities in the United States, Canada and many other countries. The United States of America —commonly referred to as the
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History
Georgia-Pacific was founded by Owen Robertson Cheatham in 1927 in Augusta, Georgia as the Georgia Hardwood Lumber Co. Year 1927 ( MCMXXVII) was a Common year starting on Saturday (link will display full calendar of the Gregorian calendar. Augusta Georgia is a city in Richmond County, Georgia, United States. Over the years it expanded, adding sawmills and plywood lumber mills. A sawmill is a facility where logs are cut into boards Sawmill process A sawmill's basic operation is much like those of 100 years ago a log enters Plywood is a type of Engineered board made from thin sheets of Wood, called plies or veneers 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. Kraft paper is Paper produced by the Kraft process from Wood pulp. Containerboard is a form of Paperboard specially manufactured for the production of Corrugated fiberboard. Toledo is a city located on the Yaquina River and along US Route 20 in Lincoln County, Oregon, United States. The company continued to make acquisitions, including US Plywood Corp. in 1987,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. Domtar Corporation () is the largest integrated producer of uncoated freesheet paper in North America and the second largest in the world based on production capacity and is also a manufacturer 65 billion.
It was announced on November 13, 2005 that Georgia-Pacific would be acquired by Koch Industries. Events 1002 - English king Ethelred orders the killing of all Danes in England, known today as the St Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Koch Industries Inc (pronounced "koke" is a private corporation based in Wichita, Kansas with subsidiaries involved in manufacturing trading and [1][2] On December 23, 2005, Koch Industries finalized the $21 billion acquisition of Georgia-Pacific. Events 962 - Byzantine-Arab Wars: Under the future Emperor Nicephorus Phocas, Byzantine troops stormed the city Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Koch Industries Inc (pronounced "koke" is a private corporation based in Wichita, Kansas with subsidiaries involved in manufacturing trading and Georgia-Pacific was removed from the NYSE (it had traded under the symbol GP) and shareholders surrendered their shares for about $48/share.
The Georgia-Pacific Tower in Atlanta continues to house the company's headquarters. Georgia-Pacific Tower is a 697-foot (212 m tall Skyscraper in Downtown Atlanta.
Environmental record
Based on year 2000 data,[3] researchers at the Political Economy Research Institute of the University of Massachusetts named Georgia-Pacific as the fifteenth-largest corporate producer of air pollution in the United States. The University of Massachusetts (officially nicknamed UMass) is the five-campus public university system of the Commonwealth of Massachusetts. Air pollution is the human introduction into the atmosphere of Chemicals Particulate matter, or Biological materials that cause harm or discomfort The United States of America —commonly referred to as the In that year, Georgia-Pacific facilities released more than 22,000,000 pounds of toxic chemicals into the air. [4] Georgia-Pacific has also been linked to some of the United States' worst toxic waste sites. Toxic waste is waste material often in chemical form that can cause death or injury to living creatures In 1995, the company drew criticism for allegedly pressuring the U. Year 1995 ( MCMXCV) was a Common year starting on Sunday. Events of 1995 S. Senate Judiciary Committee to approve legislation that would allow Georgia-Pacific to "avoid installing pollution gear at many of its plants. The United States Senate Committee on the Judiciary (informally Senate Judiciary Committee) is a Standing committee of the United States Senate, the "[5]. 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. Year 1996 ( MCMXCVI) was a Leap year starting on Monday (link will display full 1996 Gregorian calendar) S. [6] 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. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Michigan ( is a Midwestern state of the United States of America. Another settlement required an additional $15,000,000 of environmental work on the Kalamazoo River Superfund site. The Kalamazoo River is a River in the US state of Michigan. The river is 166 miles (267 km long from the headwaters of the southern branch to Lake Superfund is the common name for the United States environmental policy officially known as the Comprehensive Environmental Response Compensation and Liability Act [7].
Alleged Racial Discrimination Practices
In October of 2007, a Georgia-Pacific lumber processing plant near Brunswick, Georgia was reported to be operating a whites-only bathroom. Brunswick (ˌbrʌnswɪk is a city in the US state of Georgia and the County seat of Glynn County. African American employees were prohibited from using the toilet because a white Georgia-Pacific employee believed that races should not integrate. Racial integration, or simply integration includes Desegregation (the process of ending systematic Racial segregation) [8] Whereas whites were freely permitted to use the company toilet, African Americans were forced to go off into the woods to go the bathroom. [9] Such practice of segregation in the work place is in violation of the Civil Rights Act of 1964 and currently Georgia-Pacific is under suit for racial discrimination. Origins The bill was introduced by President John F Kennedy in his civil rights speech of June 11 1963, in which he asked for legislation "giving
References
- ^ Welcome to the Koch Industries' Newsroom
- ^ Welcome to the Koch Industries' Newsroom
- ^ Political Economy Research Institute Toxic 100 Corporate Toxics Information Project Technical Notes retrieved 12 Nov 2007
- ^ Political Economy Research Institute
- ^ "Tall Timber and the EPA," New York Times, May 21, 1995
- ^ "U.S. and Georgia-Pacific Settle Environmental Case," New York Times, July 19, 1996
- ^ Environmental Protection Agency
- ^ "A Whites-Only Bathroom on the First Coast?" November 8, 2007
- ^ "Whites-Only Bathroom In Georgia?" November 9, 2007
External links
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