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| Other Mar 17 Calls Today's Calls |
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| International Paper Acquires Weyerhaeuser's Industrial Packaging Business Mon, Mar 17, 2008, 8:30 am Eastern
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| About International Paper Co. (NYSE:IP) | |||
| International Paper Company operates as a paper and packaging company. Its Printing Papers segment produces printing and writing papers, including uncoated and coated papers, market pulp, and uncoated bristols. The company’s Industrial Packaging segment manufactures containerboards. Its Consumer Packaging segment produces coated paperboard for various packaging and commercial printing end uses. The company’s Distribution segment provides services and products to the commercial printer with printing papers and graphic art supplies; building services; away-from-home markets with facility supplies; manufacturers with packaging supplies and equipment; and provides warehousing and delivery services. Its Forest Products segment owns and manages forest lands primarily in the United States. The company has joint venture with Ilim Holding S.A. that operates as an Ilim Group in Russia. International Paper Company was founded in 1898 and is headquartered in Memphis, Tennessee. | |||
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| About Weyerhaeuser Co. (NYSE:WY) | |||
| Weyerhaeuser Company engages in growing and harvesting timber, as well as in the manufacture, distribution, and sale of forest products primarily in the United States and Canada. The company manages approximately 6.4 million acres of self-owned and 0.7 million acres of leased commercial forestland in the United States; and has renewable long-term licenses on 15.1 million acres of forestland located in 5 provinces in Canada. It manufactures and distributes softwood lumber, engineered lumber, hardwood lumber, structural panels, veneer, plywood, and other specialty products for wood products dealers, do-it-yourself retailers, builders, and industrial users, as well as for the manufacturers of furniture and cabinetry. The company manufactures fluff fiber, papergrade fiber, and specialty chemical cellulose pulp; liquid packaging board for the production of containers for liquid products; and newsprint publication papers. It also produces containerboard products used to manufacture boxes and other packaging; manufactures boxes and other packaging products; and recycles used packaging and paper, as well as offers Kraft bags and sacks, and other products, such as SpaceKraft and bulk packaging, inks and plates, and preprinted linerboard. In addition, the company engages in constructing single-family housing; developing residential lots for its use and for sale; and making residential real estate investments. It also exports its products to Europe, Japan, and other Pacific Rim countries. The company, formerly known as Weyerhaeuser Timber Company, was founded in 1900 and is based in Federal Way, Washington. | |||
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