International Paper and USW Reach Agreement on Mill Bargaining

Carter added that International Paper has made great progress in implementing the transformation plan that is strengthening the financial performance of the company. He also said that a strong, competitive company is the best source of jobs in a rapidly changing global economy. The new agreement is the result of year-long discussions with the international leadership of the United Steelworkers of America union. The USW, which merged with the Paper, Allied- Industrial, Chemical and Energy Workers International Union (PACE) in 2005, now represents about 8,200 of the company’s paper, pulp and packaging mill employees. Additional unions that are parties to agreements at some of these locations are currently voting on similar agreements.