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With a market cap of $24.2 billion, International Paper Company (IP) is a global leader in the production of renewable fiber-based packaging and pulp products. Operating through its Industrial Packaging and Global Cellulose Fibers segments, the company manufactures corrugated packaging for global commerce and pulp used in personal care products.
Companies worth more than $10 billion are generally labeled as “large-cap” stocks, and International Paper fits this criterion perfectly. With manufacturing operations across North America, Latin America, Europe, Russia, Asia, and North Africa, International Paper serves a broad customer base through direct sales and a network of agents, resellers, and distributors.