The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 55,000 employees, and it is headquartered in Memphis, Tennessee.
The company was incorporated January 31, 1898, upon the merger of 17 pulp and paper mills in the northeastern United States. Its founders and first two presidents were William Augustus Russell, who died suddenly in January 1899, and Hugh J. Chisholm. The newly formed company supplied 60 percent of all newsprint in the country.
The company is the largest producer of plastic lids and paper cups, manufacturing for the fast-food giants McDonald's, Wendy's, Subway.
On May 2, 2016, it announced it was purchasing the cellulose fiber division of Weyerhaeuser. The acquisition was completed on Dec 1, 2016.