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On December 23, 2005, Koch Industries finalized the $21 billion acquisition of Georgia-Pacific. Georgia-Pacific was removed from the NYSE (it had traded under the symbol GP) and shareholders surrendered their shares for about $48 per share.
Georgia-Pacific acquired by Koch Industries to become a privately held, wholly owned subsidiary.
Bakelite Synthetics completes acquisition of Georgia-Pacific Chemicals. The transaction includes 11 chemical facilities employing approximately 600 people in the U.S. and South America.
Georgia-Pacific Headquarters In 2005 the company was acquired by Koch Industries and became a privately held, wholly owned subsidiary. Georgia-Pacific continues to operate from its Atlanta headquarters.
Georgia-Pacific Retirement Plan A retirement plan is available. Competitive 401k match and good tools to manage program. Great retirement options and variety.
GEORGIA-PACIFIC CORPORATION PENSION PLAN FOR HOURLY-RATED EMPLOYEES is a Defined Benefit Plan providing retirees with a predetermined monthly retirement benefit upon reaching a specific age.
Whether you're at home or on the go, Georgia-Pacific provides packaging and goods to support your daily routine. Our household names include Quilted Northern® bath tissue, Brawny® paper towels, Dixie® cups and more.
Koch and William "Bill" Koch were bought out for $1.1 billion and Charles Koch and David Koch became majority owners in the company. Charles owns 42% of the company; trusts for the benefit of Elaine Tettemer Marshall (the daughter in-law of J. Howard Marshall) and Elaine's children, Preston Marshall and E.