"Georgia-Pacific is committed to complying fully with its contracts. We repeatedly have attempted to negotiate this issue in good faith and we are disappointed by actions taken by Caraustar Industries," said A.D. "Pete" Correll, Georgia-Pacific chairman and chief executive officer. "We completely disagree with its interpretation of the contract and its representation of the situation as outlined in its news release. Contrary to Caraustar's statements, Georgia-Pacific agreed only to purchase specific grades of paperboard from Caraustar -- not all paperboard for the designated plants.
"We have been negotiating in good faith with Caraustar during the past several weeks and were assured that no lawsuit had been filed. So, it is surprising to find the lawsuit was filed almost one month ago," Correll added. "We intend to defend ourselves vigorously."
Explore the September 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- Summa Equity acquires majority stake of Bollegraaf
- PTR adds new inside sales account manager
- Cascade Engineering distributes free carts in Flint, Michigan
- CMRA selects venue for nonferrous recycling event
- Biffa adds C&D recycling firm to its portfolio
- Cliffs lines up funding for Canadian acquisition
- BIR joins plastics life cycle effort
- Black mass analysis in the sights of equipment maker