Fort James Corporation Explained

Fort James Corporation
Fate:Acquired by Georgia-Pacific
Predecessor:Fort Howard Paper Company
James River Corporation
Successor:Georgia-Pacific
Location City:Deerfield, Illinois
Location Country:U.S.
Key People:Michael Riordan, President and COO
Miles Marsh,
Chairman and CEO
Industry:Pulp and paper
Assets:$7.3 billion
Num Employees:24,800[1]

Fort James Corporation was an American pulp and paper company based in Deerfield, Illinois.[2] Its products were sold under a variety of brand names, which included Brawny, Mardi Gras, and Quilted Northern.[3] [4]

At the time of its acquisition, Fort James Corporation was the United States' largest manufacturer of commercial tissue.[4]

History

In 1997, the Fort Howard Paper Company and the James River Corporation merged to form the Fort James Corporation.[5] [3] Fort Howard was headquartered in Green Bay, Wisconsin, and James River in Richmond, Virginia.

By 1999, Fort James was operating nine of the eleven largest 2701NaN1 wide tissue machines in the world.[5]

In 2000, the Fort James Corporation was acquired by Georgia-Pacific (GP) for $11 billion;[5] [3] [6] [7] GP is based in Atlanta, Georgia.

Notes and References

  1. Web site: Company Overview of Fort James Corporation . July 17, 2016.
  2. Web site: Company Overview of Fort James Corporation . Bloomberg L.P. All Rights Reserved . March 13, 2019.
  3. Web site: Fort Howard Company Records . University of Wisconsin-Green Bay . July 17, 2016.
  4. Web site: Georgia-Pacific Gets OK to Buy Fort James . Los Angeles Times . November 22, 2000 . July 17, 2016.
  5. Web site: Green Bay operations . July 17, 2016.
  6. News: Georgia-Pacific acquiring tissue producer Fort James . Pittsburgh Post-Gazette . Associated Press . Carpenter . Dave . July 18, 2000 . E3 .
  7. News: Georgia Pacific completes acquisition of Fort James, becomes world's leading tissue producer . U.S. Securities and Exchange Commission . Press Release No. C-1640 . November 27, 2000 . April 18, 2022.