Friday, July 19, 2013

IP Completes Sale Temple-Inland Building Products

http://www.paperage.com/2013news/07_19_2013international_paper_georgia_pacific.html
International Paper [yesterday] announced that it has finalized the sale of its Temple-Inland Building Products division to Georgia-Pacific Building Products, LLC for $710 million in cash, subject to customary closing adjustment. The division's assets include 15 manufacturing facilities: five solid wood mills, four particleboard plants, one medium-density fiberboard plant, one fiberboard plant and four gypsum wallboard plants.