166:. With the stimulated economy, "Franklin has become a booming wartime village..." In 1925, with the passing of the final first generation Camps, the company was passed on to the second generation. This new generation brought the company into the paper production industry, starting with brown packaging paper in 1938 and eventually producing specialty bleached paper in the 1950s. By the mid 1950s, the industry competition was growing fierce with onset of extensive mergers within the industry and the Camp family needed resources to expand their capital intensive paper production. Until this time, the Camp family was in possession of 74% of slightly over a million shares of their company. Reluctant to forfeit this control by becoming a publicly traded company, the Camp family looked for other avenues. After meeting with several potential buyers, many who were disgusted at Hugh Camps high asking price, a buyer was found.
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beehive, with the edges of the cells giving overall greater strength wherever it was used. The size of the cells could be changed and the thickness of the sheets could be varied to suit the application. It could also be impregnated with resins to make it stronger and waterproof. The manufacturing plant for this product was at
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property with $ 27,675,225 in sales and 240,000 acres (970 km²) of timber. After months of negotiations, and a final offering to the Camp shareholders of 1.75 shares for every share owned, a deal was struck. On 13 July 1956 the merger was completed and the Union Bag-Camp Paper company was born.
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In the late 1950s, a product made from kraft paper was created for applications such as a core in doors, aircraft construction, marine applications, etc., wherever strength with light weight and buoyancy were critical. The product was called "Honeycomb" and it was unique in that it resembled a
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In May 1956, the merger between the 2 companies came together. With Union Bag company having sales of $ 123,031,000 and owning over a million acres (4,000 km²) of timber, it was surprising that the Camps negotiated as equals with the
Calders, when the Camps had a fraction of the sales and
154:. Under Dr. Jim Jordan, Camp Manufacturing Company of Franklin prospered and steadily increased in volume. By 1949 it utilized four log trucks, each with several times the load capacity of the first one. The business was grossing about $ 90 thousand a year.
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Union Camp came about through the merger of the Union Bag and Paper
Company and the Camp Manufacturing Company. Each of these family-owned companies had unique histories that led to the ultimate success of Union Camp until it was acquired by
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With their new sawmill, they began expanding it and over the next 20 years experienced rapid growth. After a bout with near bankruptcy in 1907, the brothers borrowed the money necessary to continue operations. With the onset of
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under the Calder family. In the late 1920s, partially due to concerns about the labor union movement in the north, the company built a major mill (the largest in the world at the time and for many years) in
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The Union Bag and Paper
Company's history dates back to 1881, where it began as the Union Paper Bag Machine Company in
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The Timber
Tycoons - The Camp Families of Virginia and Florida, and their empire, 1887-1987
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The Camp
Manufacturing Company was founded in 1887 by three local Camp brothers from
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Honeycomb
Department Executive Assistant to the Director from 1955 to 1961.
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Union Camp
Corporation - A Specimen "Sinking Fund" Bond Certificate c.1971
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138:(secretary-treasurer) purchased a small sawmill on the outskirts of
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New York Times August 14, 1986; Erie Times-News
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in 1982. The sawmill was purchased from Dr. Jimmy Jordan of
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48:in the United States. In 1999 it was acquired by
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402:Manufacturing companies based in Virginia
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318:"National Register Information System"
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323:National Register of Historic Places
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255:. The William Byrd Press, 1988.
407:Defunct pulp and paper companies
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27:American pulp and paper company
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77:Union Camp plant in Savannah
69:Union Bag and Paper Company
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142:. Paul Douglas Camp built
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298:vault.georgiaarchives.org
83:Bethlehem, Pennsylvania
44:and a private owner of
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328:National Park Service
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187:From merger to merger
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92:Hermitage Plantation
417:International Paper
240:International Paper
132:James Leonidas Camp
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412:Franklin, Virginia
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294:"CONTENTdm"
181:Glens Falls
160:World War I
96:Ralph Nader
396:Categories
303:2024-02-23
268:References
170:The merger
46:timberland
18:Union Camp
367:(Rouse 6)
358:(Rouse 4)
349:(Rouse 3)
340:(Rouse 2)
283:(Rouse 5)
222:July 2010
98:'s book,
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164:Franklin
144:The Elms
140:Franklin
246:Sources
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257:OCLC
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
