Printing cash
FOR any business, heaven is strong demand for its products, a declining need for reinvestment and little likelihood of new competitors. That is suddenly the lot of one of the most unloved industries in America: paper. The fact that few stockmarket investors are interested goes a long way towards explaining why this week one of America's largest paper companies, Georgia-Pacific, bought another, Fort James, in a deal valued at $11 billion.
This article appeared in the Business section of the print edition under the headline “Printing cash”
From the July 22nd 2000 edition
Discover stories from this section and more in the list of contents
Explore the editionDiscover more
Could seaweed replace plastic packaging?
Companies are experimenting with new ways to reduce plastic waste
Has Sequoia Capital outgrown its business model?
Venture capital’s hardiest perennial gets back to its roots
On stupid rules and quick wins
Why every boss can benefit from asking employees what most infuriates them
TikTok wants Western consumers to shop like the Chinese
It still has some convincing to do
Will the trouble ever end for Volkswagen and its rivals?
From strikes to Trump tariffs, calamities abound
After Northvolt’s failure, who will make Europe’s EV batteries?
The continent looks ever more reliant on Asian producers