Paper Products
Companies I and J are both paper manufacturers. One company is the world’s largest maker
of paper, paperboard, and packaging. This vertically integrated company owns timberland;
numerous lumber, paper, paperboard, and packing-products facilities; and a paper-distribution
network. The company has spent the last few years rationalizing capacity by closing inefficient
mills, implementing cost-containment initiatives, and selling nonessential assets.
The other firm is a small producer of printing, writing, and technical specialty papers. as well as towel and tissue products. Most of the company’s products are marketed under branded labels. The company purchases the wood fiber used in its paper-making process on the open market.