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Smurfit-Stone
Smurfit-Stone Container Corporation was a global paperboard and paper-based packaging company based in Creve Coeur, Missouri, and Chicago, Illinois, with approximately 21,000 employees. In 2007, Smurfit-Stone was ranked 13 in PricewaterhouseCoopers' "Top 100" forest, paper, and packaging companies in the world as ranked by sales revenue. The company was also among the world's largest paper recyclers. Rock-Tenn bought the company in a $3.5 billion deal that closed in May 2011. Rock-Tenn is now known as WestRock. Financial performance History SSCC was formed in November 1998, with the merger of Jefferson Smurfit Corporation (JSC) and Stone Container Corporation (Stone). JSC’s roots go back to 1974, when Dublin, Ireland-based Jefferson Smurfit Group (JSG) acquired partial interest in Time Industries, a Chicago-based paper and packaging company. JSG established a major presence in the United States with the 1981 acquisition of the Alton Box Board Company and the 1982 acqu ...
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Rock-Tenn
RockTenn was an American paper and packaging manufacturer based in Norcross, Georgia. In 2015, it merged with MeadWestvaco to form the WestRock company. It was one of North America's leading producers of corrugated and consumer packaging and recycling solutions, with annualized net sales of approximately $10 billion. The company employed approximately 26,000 people and operated more than 245 facilities in the United States, Canada, Mexico, Chile, Argentina and China. Company history RockTenn Company was formed in 1973, the product of a merger between Tennessee Paper Mills Inc. and Rock City Packaging, Inc. Its origins date back to 1898, when the Rock City Box Company of Nashville, Tennessee, was founded. Among its customers in the mid-1940s were a local boot factory, a local candy manufacturer, a hosiery company, and several shirt manufacturers. The owners, Joe McHenry and A.E. Saxon, who also operated several other business ventures, wanted to sell out and retire. Rock Cit ...
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Smurfit Kappa
The Smurfit Kappa Group plc is Europe's leading corrugated packaging company and one of the leading paper-based packaging companies in the world. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. History The company was established as a box-maker in Rathmines, Dublin, Ireland in 1934 and was acquired by Mr Jefferson Smurfit in 1938, trading afterwards as Jefferson Smurfit. It was listed on the Irish Stock Exchange in 1964 and acquired a partial interest in Time Industries, a Chicago-based paper and packaging company, in 1974. Jefferson Smurfit grew under the leadership of the founder's son, Sir Michael Smurfit, who became Chief Executive in 1977. It merged its 46%-owned US business with Chicago-based Stone Container Corporation to form Smurfit-Stone Container Corporation in 1998. Jefferson Smurfit was the subject of a management buyout financed by Madison Dearborn Partners, Cinven Limited and CVC Capital Partners in 2002. It merged with Kap ...
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Texas Pacific Group
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. The firm was founded in 1992 by David Bonderman, James Coulter, and William S. Price III and has raised $50 billion of investor commitments across more than 18 private equity funds.Source: Preqin Private equity funds TPG has historically relied primarily on private equity funds, pools of committed capital from pension funds, insurance companies, endowments, fund of funds, high-net-worth individuals, sovereign wealth funds, and from other institutional investors. History and notable investments Founding Texas Pac ...
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Container Corporation Of America
Container Corporation of America (CCA) was founded in 1926 and manufactured corrugated boxes. In 1968 CCA merged with Montgomery Ward & Company, Inc., becoming MARCOR. MARCOR maintained separate management for the operations of each company, but had a joint board of directors. In 1986, Mobil Corporation, which had bought MARCOR in the early 1970s, sold the CCA company to the Jefferson Smurfit Corporation, which merged with the Stone Container Corporation in 1998 to become part of the Smurfit-Stone Container Corporation. Under the leadership of Walter Paepcke, CCA was a patron of graphic arts and design. The company amassed a collection of art works which eventually found their way to the National Museum of American Art. In the late 1940s, CCA commissioned Herbert Bayer to create a ''World Geo-Graphic Atlas'' which was distributed free to more than 150 colleges and universities. A review described it as the "handsomest and best atlas ever published in America." The Container ...
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Smurfit Stone Frenchtown Montana 9
Smurfit may refer to: *Alan Smurfit (born 1943), Irish retiree who won a World Series of Poker bracelet *Michael Smurfit, KBE, LL.D (honorary), (born 1936), businessman holding dual Irish and British citizenship *Tony Smurfit (born 1963), British-born Irish businessman *Victoria Smurfit (born 1974), Irish actress See also *Michael Smurfit Graduate School of Business in Dublin, Republic of Ireland *Smurfit Kappa, European corrugated packaging company *Smurfit-Stone Building, 41 story, 582 foot (177 m) skyscraper in downtown Chicago, Illinois, USA *Smurfit-Stone Container Smurfit-Stone Container Corporation was a global paperboard and paper-based packaging company based in Creve Coeur, Missouri, and Chicago, Illinois, with approximately 21,000 employees. In 2007, Smurfit-Stone was ranked 13 in PricewaterhouseC ...
, global paperboard and paper-based packaging company based in Creve Coeur, Missouri, and Chicago, Illinois, USA {{surname ...
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Crain Communications Building
The Crain Communications Building is a 39-story, 582 foot (177 m) skyscraper located at 150 North Michigan Avenue in downtown Chicago, Illinois. It was also known as the Smurfit–Stone Building and the Stone Container Building. While the building was originally going to be called "One Park Place," it opened as The Associates Center, named after the initial tenant of the building, the Associates Commercial Corp. Construction of the building began in 1983 and was completed in 1984. The building, noted for its unusually slanted facade, was designed by Sheldon Schlegman of A. Epstein and Sons. It has 39 floors of tenant space and the two spires at the top cover the main roof and serve as mechanical rooms for HVAC equipment. History Although the building looks as though it is split down the middle, the two sides are only slightly disjointed until nearing the top, where there is a gap between them. At times, its slanted roof—which has been likened to a skyscraper pared with ...
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United States Bankruptcy Court
United States bankruptcy courts are courts created under Article I of the United States Constitution. The current system of bankruptcy courts was created by the United States Congress in 1978, effective April 1, 1984. United States bankruptcy courts function as units of the district courts and have subject-matter jurisdiction over bankruptcy cases. The federal district courts have original and exclusive jurisdiction over all cases arising under the bankruptcy code, (see ), and bankruptcy cases cannot be filed in state court. Each of the 94 federal judicial districts handles bankruptcy matters. Technically, the United States district courts have subject matter jurisdiction over bankruptcy matters (see ). However, each such district court may, by order, "refer" bankruptcy matters to the bankruptcy court (see ). As a practical matter, most district courts have a standing "reference" order to that effect, so that all bankruptcy cases in that district are handled, at least initi ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Chapter 11, Title 11, United States Code
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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Creve Coeur, Missouri
Creve Coeur is a city located in mid St. Louis County, Missouri, United States, a part of Greater St. Louis. Its population was 18,834 at the 2020 census. Creve Coeur borders and shares a ZIP code (63141) with the neighboring city of Town and Country. It is home to the headquarters of Drury Hotels, and Monsanto until its acquisition by Bayer in 2018. History The name ''crève cœur'' (, "heartbreak") is said to derive from Creve Coeur Lake. According to the city's website, the tale goes that the lake "formed itself into a broken heart" after an Indian princess's unrequited love for a French fur trapper led her to jump "from a ledge overlooking" the lake. Written accounts and archaeological finds show that Native Americans inhabited the Creve Coeur area from 9500 BC to 1800 AD. French explorers began farming and fishing in the area in the early 18th century, and fur trappers settled there in the early 19th century. When the area was acquired by the United States through the L ...
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Wilmington, Delaware
Wilmington ( Lenape: ''Paxahakink /'' ''Pakehakink)'' is the largest city in the U.S. state of Delaware. The city was built on the site of Fort Christina, the first Swedish settlement in North America. It lies at the confluence of the Christina River and Brandywine Creek, near where the Christina flows into the Delaware River. It is the county seat of New Castle County and one of the major cities in the Delaware Valley metropolitan area. Wilmington was named by Proprietor Thomas Penn after his friend Spencer Compton, Earl of Wilmington, who was prime minister during the reign of George II of Great Britain. At the 2020 census, the city's population was 70,898. The Wilmington Metropolitan Division, comprising New Castle County, Delaware, Cecil County, Maryland and Salem County, New Jersey, had an estimated 2016 population of 719,887. Wilmington is part of the Delaware Valley metropolitan statistical area, which also includes Philadelphia, Reading, Camden, and other urban are ...
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Stevenson, Alabama
Stevenson is a city in Jackson County, Alabama, United States, and is included in the Chattanooga-Cleveland-Dalton, TN-GA-AL Combined Statistical Area. Sources listed either 1866 or 1867 as the year of incorporation, but that seems to conflict with the dates given for the town being granted a charter. It did not first appear on the U.S. Census until 1880, where it was the second largest town in Jackson County behind Scottsboro. Since 1900, it has been the third largest town behind either Scottsboro and Bridgeport or vice versa. At the 2010 census, the population of the city was 2,046, up from 1,770 in 2000. Geography Stevenson is located at (34.869442, -85.831829). According to the U.S. Census Bureau, the city has a total area of , of which is land and (5.71%) is water. Demographics 2000 census In the 2000 census, there were 1,770 people, 795 households, and 508 families living in the city. The population density was . There were 948 housing units at an average density of ...
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