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 Anonymous 2013-06-21 at 9:53:45 am Views: 126
  • #1964

    International Paper Ranks No. 1 in Forest and Paper Products On FORTUNE¡¦s List of America¡¦s Most Admired Companies 

    STAMFORD, Conn. International Paper (NYSE: IP) today announced that FORTUNE magazine
    has named IP the No. 1 company for the Forest and Paper Products sector in its annual report of ¡§America¡¦s Most
    Admired Companies,¨ marking the second year IP has topped the industry in the independent ranking.
    The survey assessed companies on eight key attributes of reputation: innovativeness, employee talent, use of
    corporate assets, social responsibility, quality of management, financial soundness, long-term investment value
    and quality of products and services.
    The Most Admired survey was conducted by an independent management consulting firm on behalf of
    FORTUNE. The firm took the 10 largest companies by revenue in 64 industries and surveyed 10,000
    executives, directors and securities analysts, who rated the companies in their own industries using the
    eight criteria.
    ¡§This is great recognition for the talents of the entire International Paper team and all the good work they
    do every day. I am extremely proud of our employees and honored to be recognized by our industry peers,
    ¡¨ said John Faraci, chairman and chief executive officer.
    The Most Admired Companies list appears in the issue of FORTUNE that goes on sale March 1 and is currently
    available at http://www.fortune.com.
    International Paper (http://www.internationalpaper.com) is the world's largest paper and forest products company.
    Businesses include paper, packaging, and forest products. As one of the largest private forest landowners in the
    world, the company manages its forests under the principles of the Sustainable Forestry Initiative „µ (SFI) program,
    a system that ensures the continual planting, growing and harvesting of trees while protecting wildlife, plants, soil,
    air and water quality.  Headquartered in the United States, International Paper has operations in over 40 countries
    and sells its products in more than 120 nations.

    * Post was edited: 2004-04-22 10:53:00