DIBOLL, TX (KTRE) - Georgia-Pacific is moving in and making changes to the more than 100-year-old company Temple-Inland, starting with the name.
"The name will be Georgia Pacific long term and there will be aspects of Temple branding that we know are very popular in the area that we will maintain. We haven't had all that worked out, but you know there won't be a separate entity that's part of Georgia Pacific. We'll all be one company; just like our plants in Camden and Corrigan."
Only July 19, Georgia-Pacific received clearance to complete a $710 million purchase of Temple-Inland in Diboll. Temple-Inland was founded in 1903 now the company's building products assets will be shared.
"The name will be Georgia Pacific long term and there will be aspects of Temple branding that we know are very popular in the area that we will maintain. We haven't had all that worked out but you know there won't be a separate entity that's part of Georgia Pacific," said Mark Luetters, executive vice president – building products. "We'll all be one company; just like our plants in Camden and Corrigan."
Each employee in Diboll are a part of the new collaboration but that could possibly change during long-term plans.
"We're very mindful of retaining the talent and there's a lot of talent here. So, I hesitate to convey that's inevitable because what I would say is A. I don't know the answer and B. a lot of things can change very shortly," Luetters said. "In the immediate term we'll have a lot of employees here. We'll continue to have a lot of employees in this office and we'll continue to be a big presence here in this area both from a manufacturing and profession prospective."
There are 15 different Georgia-Pacific facilities in 8 different states that employ 1,800 people.
Officials said Diboll has the biggest cluster of employees and operating assets the company has in the country.
"Because we've been competitors until last week on Friday we've had very, very limited interaction between Georgia Pacific and the previous Temple-Inland employees," Luetters said. "To say we've been able to make long-term plans, and basically understand the capabilities, and the different organizations would be an exaggeration."
One thing is certain and that's how much Georgia-Pacific appreciates Temple-Inlands brand.
"Temple-Inland is a lot more than just steel, and land, and buildings. The people here are fantastic. The assets that they've built are fantastic. The way they run them are fantastic," Luetters said. "We're very mindful of operating in a way that allows us to maintain not only the hard assets but also the talent."
The assets that Georgia-Pacific will be acquiring in the purchase include 16 manufacturing facilities, five solid wood mills, four particle board plants, two medium-density fiber board plants, one fiber board plant, and four gypsum wall board plants in the southeastern and southern parts of the United States. Locally, that number includes Temple-Inland's particle board and fiber board plants in Diboll, along with Diboll Lumber and the division's headquarters.
Officials said they've only been able to talk about a limited scope of topics this week since the two companies were competitors before the purchase last Friday. For now, there's still a lot of long-term planning to do.