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G-P invests $20 million in Buckeye Technologies

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G-P invests $20 million in Buckeye Technologies

August 19, 2015 - 01:21
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MEMPHIS, TN, 13 August 2015 (Press Release) - This month marks the two-year anniversary of Georgia-Pacific's acquisition of Buckeye Technologies. Since then, Georgia-Pacific has 'invested more than $20 million in capital and maintenance projects at both the Memphis Cellulose Mill and the Cellulose Technology & Innovation Center (T&IC). By the end of 2015, GP Cellulose operations in Memphis will have donated more than $1.5 million to local charitable organizations that support education, community enrichment, entrepreneurship, and the environment, including the donation of the former Buckeye Technologies headquarters building to the United Way of the Mid-South announced earlier this year.

"We are proud of the progress our employees in Memphis are making to adapt to Georgia-Pacific's business culture," said Pat Boushka, president of GP Cellulose. "In so doing, we will continue leveraging our asset investments, innovation capabilities, and talented employees for continued growth and success."

Locally, the company's approximately 200 employees are part of Memphis Cellulose LLC, one of the world's largest cotton cellulose mills, and the Cellulose T&IC -- delivering state-of-the-art analytical R&D capabilities to all of GP Cellulose's operations. The Memphis Cellulose mill engineers cotton linter pulp used in LED/LCD display films, automotive and pharmaceutical coatings, automotive papers, diagnostic and technical papers, filter applications, high-end stationary, currency papers, chemical and construction additives, and thickeners for food and paints. The Memphis T&IC also leverages its expertise and experience in applied research and product development to help GP Cellulose mills meet the changing needs of specialty pulp customers while driving innovation.

Key focus areas for the GP Cellulose operations in Memphis include safety, organizational effectiveness, and community support. Since the acquisition, the company attributes on-going training and employee engagement for helping to maintain a safe work environment for its employees and contractors. In addition to having a strong focus on safety, the company has also focused on organizational effectiveness using its MBM® Guiding Principles, especially the first two -- integrity and compliance - to form the framework by which employees make decisions within the organization.

About Georgia-Pacific

Based in Atlanta, Georgia-Pacific and its subsidiaries are among the world's leading manufacturers and marketers of bath tissue, paper towels and napkins, tableware, paper-based packaging, office papers, cellulose, specialty fibers, nonwoven fabrics, building products and related chemicals. Our familiar consumer brands include Quilted Northern®, Angel Soft®, Brawny®, enMotion®, Sparkle®, Mardi Gras® and Vanity Fair®, as well as Dixie®. Georgia-Pacific has long been a leading supplier of building products to lumber and building materials dealers and large do-it-yourself warehouse retailers. Its GP Harmon Recycling subsidiary is among the world largest recyclers of paper, metal and plastics. The company employs approximately 35,000 people directly, and creates nearly 92,000 jobs indirectly. For more information, visit: gp.com.