Stone Container Corp.
Brand
Stone Container Corporation is the world’s largest manufacturer of containerboard, for shipping boxes, and a major manufacturer of paper bags, newsprint, white papers, and wood products. Founded in 1926 as a jobber of packing materials and office supplies, Stone was forced into manufacturing by Depression-era government regulation. Over the years, the company expanded geographically and bought undervalued assets. With the ascension in 1979 of Roger Stone, the fourth Stone to lead the company, Stone Container began an aggressive campaign of leveraged acquisitions. Between 1979 and 1989 sales increased more than 1,600%.
Subject ID: 88814
MoreStone Container Corporation is the world’s largest manufacturer of containerboard, for shipping boxes, and a major manufacturer of paper bags, newsprint, white papers, and wood products. Founded in 1926 as a jobber of packing materials and office supplies, Stone was forced into manufacturing by Depression-era government regulation. Over the years, the company expanded geographically and bought undervalued assets. With the ascension in 1979 of Roger Stone, the fourth Stone to lead the company, Stone Container began an aggressive campaign of leveraged acquisitions. Between 1979 and 1989 sales increased more than 1,600%.
Subject ID: 88814
Subject ID: 88814
