New firm could put global headquarters in Memphis

By , Daily Memphian Updated: April 18, 2021 3:57 PM CT | Published: April 16, 2021 2:59 PM CT

Sylvamo Corporation, a new spin-off of International Paper, is considering where to put its global headquarters that will create 300 jobs paying $179,000 on average in salaries and bonuses, or $217,133 a year including benefits.

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International Paper Sylvamo
Tom Bailey

Tom Bailey

Tom Bailey covers business news for The Daily Memphian. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He's worked in journalism for 40 years and has lived in Midtown for 36 years.

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