International Paper has been named to Fortune magazine’s World’s Most Admired Companies for a 17th year. The listing takes into account a company’s ability to attract and retain employees, quality of management, social responsibility to its communities and the environment, innovativeness, quality of its products or services, wise use of its corporate assets, financial soundness, long-term investment value and its effectiveness in doing business globally.
“This award is further validation that we continue to build a better future for our people, the planet and our company,” said Mark Sutton, chairman and chief executive officer. “Our 50,000 colleagues around the world are committed to creating value for our customers, strengthening the communities where we live and work and ensuring everyone returns home safely at the end of each day. I’d like to thank our colleagues for achieving this recognition.”
A global producer of renewable fiber-based packaging, pulp and paper products, International Paper has operations in North America, Latin America, Europe, North Africa and Russia, serving 25,000 customers in 150 countries. Headquartered in Memphis, Tennessee, International Paper had net sales for 2018 of $23 billion.
The company has multiple locations in Alabama, including: three mills, in Prattville, Selma and Pine Hill; two container plants, in Bay Minette and Decatur; two sheet plants, in Dothan and Huntsville; six fiber supply procurement offices, in Centreville, Courtland, Double Springs, Prattville, Russellville and Selma; a governmental relations office in Montgomery and a warehouse in Prattville.