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FTV 372   Writing  for  Public  Relations   December  1,  2013     International  Paper   6400  Poplar  Ave   Memphis,  TN  38197     For  Immediate  Release:   Ranggin  Hedayat   (949)  394-­‐1454  

International Paper  to  Bring  New  Jobs  to  Memphis  as  it  Plans  to  Expand  

MEMPHIS, Tenn.  –  International  Paper  will  bring  250  new  jobs  to  Memphis,  adding   to  its  $100  million  payroll  for  its  1,600  employees.  The  second  largest  paper   manufacturer  in  the  world  will  begin  the  expansion  on  Jan.  1,  said  senior  vice   president  and  chief  financial  officer,  Robert  C.  Butler.       This  will  not  only  boost  the  economy  in  Memphis  by  adding  15  percent  more   employees,  but  it  will  also  create  100  trade  jobs  as  it  builds  the  new  office  building,   said  Butler.     The  company  will  consolidate  and  centralize  its  accounting  and  human  resource   departments  from  Seattle,  Denver,  Atlanta,  and  the  Purchase,  N.Y  headquarters  in  an   effort  to  increase  productivity  and  lower  costs,  said  senior  vice  president  of  human   resources,  Robert  M.  Byrnes.     During  the  three-­‐year  expansion,  the  company  will  build  an  80,000  sq.  ft.  office   building  in  Willow  Lake  Business  Park  just  off  of  Raines  Road.  In  2015,  International   Paper  will  transfer  the  accounting  department  and  in  2016,  the  human  resource   department  will  follow,  said  Butler.       International  Paper  was  founded  in  1907  in  Purchase,  N.Y.  The  company  produces   printing  paper,  packaging,  paperboards  and  wood  products.  These  products  are   manufactured  in  27  countries  and  exported  to  130  countries.  Memphis’  low  cost  of   living,  mild  weather,  access  to  an  international  airport  makes  for  an  ideal  location,   said  Byrnes.     For  more  information  on  the  expansion  and  updates  on  how  to  apply,  please  visit   internationalpaper.com/US.     ###  

International Paper Press Release  
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