Its a great example of private, public and nonprofit cooperation.
More Quotes from John Faraci:
This is an important first step in International Paper's transformation plan to improve returns, strengthen the balance sheet and return cash to shareowners,John Faraci
We believe this is the right long-term decision for International Paper, and we also recognize we will lose some talented members of our organization. We are committed to supporting them through this transition,
John Faraci
Expanding our coated board production in China through this powerful partnership with Sun Paper is core to our strategy for serving our global packaging customer base. As our key customers expand globally into China and other emerging markets, we will be there to help them grow.
John Faraci
We've owned the land for a long, long time -- in some cases for over 100 years -- and we think we've got a . . . very attractive value for a world-class-asset.
John Faraci
In light of the company's plan to become more focused and streamline our operations, we believe the timing is right to relocate our global headquarters to Memphis, because of the improved efficiencies that will result from having all of the company's leadership in one place,
John Faraci
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