Originally created 08/31/97

International Paper employs 900

Company name in Augusta area: International Paper-Augusta Mill

Name of plant manager: Robert F. Dansby

Address of local operation: 4278 Mike Padgett Highway, P.O. Box 1425, Augusta 30903

Phone and fax numbers: Phone: (706) 798-5711; fax: (706) 796-5671

E-mail or World Wide Web page address: www.ipaper.com (local Web site scheduled to be developed by the end of 1997)

Parent company: International Paper, Two Manhattanville Road, Purchase, NY 10577

Chief executive officer and chairman: John T. Dillon

Number of local employees and annual revenues: 900 local employees with annual revenues of about $471.55 million

Products produced locally: High-quality coated bleached paper board used for folding cartons for such products as cosmetics, pharmaceuticals, dry foods, cigarette cartons and others.

Brand names produced locally: Starcote, Starcote Cigarette, Blis-Pak, Skinbrite, Coated Augusta Lottery, Carolina CIS Ultra Light Cover, Foam Coat, Carolina Tag/Index, Foam-Cote and others

Market for products: Folding carton board, high quality printing grades for greeting cards, corporation annual reports, restaurant menus and others

Functions of local operations: Operating a woodyard; pulp mill; power department; finishing and shipping; coating and additives; safety and information services organizations and others

Stock symbol, exchange traded, recent closing price: IP, traded on the New York Stock Exchange; closing price $53.50 as of Wednesday

Recent new products, innovations, markets, plant expansions or other developments: A $40 million quality improvement rebuild of No. 2 paper machine was completed in early 1996

Primary raw material used: Softwood, hardwood, clay, carbonate

Most critical factor for the future: Staying ahead of foreign competition


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