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In 1994 ResourceNet International picked up two paper-distributing companies in Mexico, while in the area of liquid packaging, a new plant was built in Brazil and a joint venture was formed in China to build and operate a plant near Shanghai.
Georges's diversification program had increased non-United States sales to 30 percent of total revenues by 1994.
1996: Montvale, New Jersey-based Federal Paper Board Company is acquired for $3.5 billion.
Restructuring and other charges led to a net loss of $151 million for 1997.
Two other similar suits--one also involving siding, the other a roofing material--against Masonite were settled in similar fashion in January 1999.
In November 2000 IP sold its interest in Bush Boake Allen for $640 million.
International Paper also gained a new headquarters through the Champion deal as the company moved its head offices to the former headquarters of Champion in Stamford, Connecticut, later in 2000.
2001: Divestments include Masonite and Zanders Feinpapiere.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Bag | 1969 | $48.0M | 375 | - |
| Evergreen Shipping Agency | 1974 | $212.3M | 375 | - |
| Landsberg Orora | 1947 | $630,000 | 7 | - |
| Tiger Enterprises & Trading, Inc. | - | $3.2M | 23 | 4 |
| Designer Greetings | - | $36.1M | 50 | 121 |
| Wallace Hardware | - | $217.7M | 200 | 4 |
| Shippers Solutions | 1952 | $6.7M | 50 | 2 |
| World Shipping Council | 2000 | $1.6M | 15 | - |
| American Gift | 1925 | $3.3M | 25 | - |
| Network Global Logistics | 1971 | $190.0M | 997 | - |
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