Georgia-Pacific today announced that it is developing plans for potential investments, which total nearly $400 million, in its plywood and lumber operations. These facility expansions and equipment upgrades will further strengthen the company's commitment to meet customers' needs in the building products industry.
Deltic Timber Corporation has agreed to purchase the 50 percent membership interest of Del-Tin Fiber LLC, a manufacturer of MDF, which came into the possession of International Paper when it purchased Temple-Inland last February for $20 million.
PPG's $1.05 billion acquisition Friday of AkzoNobel's North American architectural coatings business is the latest large-scale corporate transaction affecting the wood products manufacturing industry.
Georgia-Pacific today announced that it has reached an agreement to acquire the assets of the Temple-Inland Building Products business from International Paper Co.
International Paper will sell its Temple-Inland Building Products division to Georgia-Pacific LLC for $750 million in cash. The transaction is expected to be completed in the first quarter of 2013.
WASHINGTON – Boise Inc. Chairman and CEO Alexander Toeldte has been elected chairman of the American Forest & Paper Association (AF&PA) Board of Directors.