- 4 - GNN was organized in 1898 under the laws of Maine. GNN is one of the world’s largest producers of pulp and paper, and it is a major U.S. paper distributor and envelope manufacturer. GNN became the sole owner of Leaf River Corp. (LRC) on December 31, 1981. LRC was organized in 1981 under the laws of Delaware. KKO is a major user of pulp. In or before 1970, KKO ascertained that it needed additional sources of pulp, and it conducted studies which revealed that woodlands in Mississippi were a promising source of raw material and a good location for a pulp mill. KKO purchased land in Perry County, Mississippi, on which it intended to build and operate a pulp mill. In 1975, KKO concluded that it should build the pulp mill in two steps. First, KKO would build a sawmill. Second, KKO would construct the pulp mill. KKO ascertained that it had to construct the sawmill before the pulp mill because the byproduct chips from the sawmill were a vital part of the raw material supply needed for the pulp mill. KKO anticipated that it would construct and operate both the sawmill and the pulp mill alone, expecting that the sawmill's profits would be optimized by an adjacent pulp mill. In connection with the two-step project, LRFP was formed, and it established relations with local suppliers of timber. LRFP also filed applications for air and water pollution permits and studied the requirements for an energy permit. In 1975 orPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011