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Article: Georgia-Pacific To Explore Strategic Alternatives For Its Building Products Distribution Business.
- Article from:
- PR Newswire
- Article date:
- September 22, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Georgia-Pacific Corp. today announced that it is exploring strategic alternatives for its building products distribution business, including its possible sale.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030425/PAPLOGO )
Georgia-Pacific's building products distribution business, which is distinct from the company's building products manufacturing segment, is the leading distributor of building products in the United States. The distribution division's 2002 net sales were $3.77 billion.
"Consistent with our strategic direction for the past several years to create shareholder value by sharpening focus on Georgia-Pacific's more stable, ...