The deal would create the nation's largest forest-products company.
The deal creates the nation's largest forest-products company.
Kimberly-Clark, the forest-products company, took 156,000 square feet of warehouse space in Shelton.
Local industries included a hemlock sawmill and other forest-products companies.
The offer values the forest-products company at $4.4 billion and comes as pulp prices are soaring.
Her father, now retired, was the president and vice chairman of the Champion International Corporation, the forest-products company in Stamford.
Georgia-Pacific, with $10 billion in sales last year, is the nation's largest forest-products company.
"We don't want to be seen as a cyclical forest-products company," Mr. Sanders said in an interview.
The agreement also will stand out as a model for forest-products companies worldwide.
The agreement will create the nation's largest forest-products company, which will be called Georgia-Pacific.