Industry | Pulp and paper |
---|---|
Founded | 1969 |
Defunct | 1997 |
Fate | Merged with Fort Howard Paper Company |
Successor | Fort James Corporation |
Headquarters | , |
Key people | Miles Marsh, CEO [1] |
Revenue | $5.7 billion [1] (1996) |
$157 million [1] (1996) | |
Number of employees | 23,000 [1] |
James River Corporation was an American pulp and paper company based in Richmond, Virginia, [2] once the largest paper manufacturer in the world. [2]
The company was founded in 1969 as the James River Paper Company by Brenton Halsey and Robert Williams, with the purchase of Ethyl Corporation's Specialty Papers Division. [2] Halsey and Williams were both former employees of Albemarle Paper Manufacturing Company; the city of Richmond lies along the James River.
The company changed its name to the James River Corporation in 1973, [2] and it acquired the Brown Company subsidiary of Gulf and Western Industries in 1980 and the Dixie/Northern division of American Can Company in 1982. [3]
In 1986, James River acquired the fine paper mill assets of Crown Zellerbach, headquartered in San Francisco, and became the largest paper manufacturer in the world. [2] The brown paper division of CZ was not in the deal and became Gaylord Container Corporation. Crown Zellerbach had been the target of a hostile takeover by Sir James Goldsmith. [4] [5]
James River began producing 100 percent recycled paper products in 1991 at its mill in Green Bay, Wisconsin. [3] Some of the products included Recycled Northern Bath Tissue, Recycled Brawn Towels, and Recycled Northern Napkins. Also that year, the company sold twenty-two paper mills to Specialty Coatings Group. [6]
In 1997, the company merged with the Fort Howard Paper Company of Green Bay, forming the Fort James Corporation. [2] [7] [8] At the time of their merger, James River was one of the largest paper manufacturers, with 60 manufacturing facilities in North America and Europe. [1] Three years later in 2000, Fort James was acquired by Georgia-Pacific, based in Atlanta. [9] [10]
In 1998, Halsey and Williams, the company's founders, were both inducted into the Paper Industry International Hall of Fame. [11] [12]
The historical records of the James River Corporation are housed at the Virginia Historical Society. [2]
Industry | Pulp and paper |
---|---|
Founded | 1969 |
Defunct | 1997 |
Fate | Merged with Fort Howard Paper Company |
Successor | Fort James Corporation |
Headquarters | , |
Key people | Miles Marsh, CEO [1] |
Revenue | $5.7 billion [1] (1996) |
$157 million [1] (1996) | |
Number of employees | 23,000 [1] |
James River Corporation was an American pulp and paper company based in Richmond, Virginia, [2] once the largest paper manufacturer in the world. [2]
The company was founded in 1969 as the James River Paper Company by Brenton Halsey and Robert Williams, with the purchase of Ethyl Corporation's Specialty Papers Division. [2] Halsey and Williams were both former employees of Albemarle Paper Manufacturing Company; the city of Richmond lies along the James River.
The company changed its name to the James River Corporation in 1973, [2] and it acquired the Brown Company subsidiary of Gulf and Western Industries in 1980 and the Dixie/Northern division of American Can Company in 1982. [3]
In 1986, James River acquired the fine paper mill assets of Crown Zellerbach, headquartered in San Francisco, and became the largest paper manufacturer in the world. [2] The brown paper division of CZ was not in the deal and became Gaylord Container Corporation. Crown Zellerbach had been the target of a hostile takeover by Sir James Goldsmith. [4] [5]
James River began producing 100 percent recycled paper products in 1991 at its mill in Green Bay, Wisconsin. [3] Some of the products included Recycled Northern Bath Tissue, Recycled Brawn Towels, and Recycled Northern Napkins. Also that year, the company sold twenty-two paper mills to Specialty Coatings Group. [6]
In 1997, the company merged with the Fort Howard Paper Company of Green Bay, forming the Fort James Corporation. [2] [7] [8] At the time of their merger, James River was one of the largest paper manufacturers, with 60 manufacturing facilities in North America and Europe. [1] Three years later in 2000, Fort James was acquired by Georgia-Pacific, based in Atlanta. [9] [10]
In 1998, Halsey and Williams, the company's founders, were both inducted into the Paper Industry International Hall of Fame. [11] [12]
The historical records of the James River Corporation are housed at the Virginia Historical Society. [2]