Moeller became president and chief executive officer of G-P
after completion of the US$21 billion merger.
officials seem optimistic the company will do better under private ownership because it will be able to make investments that as a public company it might have passed over because of opposition from shareholders.
One home, for example, will be built strictly by female G-P
4 million victory barely scratched Georgia-Pacific, and the secret settlement G-P
forged with LaPrade to avoid a lengthy appeal may be even more or it may be far less than $15 million.
These operations will be reintegrated into the G-P
businesses following the acquisition.
Koch has confirmed that G-P
will be operated as a privately held, wholly owned subsidiary of Koch Industries.
intends to have an initial public offering of approximately 15 to 20 percent of the outstanding shares in the new consumer products and packaging company in the third quarter.
Color-Box, LLC, a joint venture between G-P
and Chesapeake, designs and manufactures litho-laminated corrugated graphic packaging.
Koch Industries thinks that its private ownership of G-P
will allow for capital investments that might well have been effectively vetoed by public shareholders.
expects the sale to generate net after-tax proceeds of approximately $735 million.
sold all its timberland in October to Plum Creek Timber Co.
Cardinal is providing G-P
with a variety of services including identifying niche carriers to meet specific transportation needs, insuring multiple carrier availability for just-in-time (JIT) orders and advising G-P
of opportunities to guarantee backhauls from surrounding vendors and/or other G-P
facilities in an effort to minimize rates.