Gilman Paper Company

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The Gilman Paper Company was an American paper producer founded by Isaac Gilman in the 1880s in the village of Fitzdale, Vermont, which would later be renamed Gilman, Vermont.[1]

Gilman Paper Company's founder, Isaac Gilman, emigrated from Ukraine and began working in the paper manufacturing business in 1881.[1][2] In 1921, Gilman Paper Company purchased the Fitzdale Paper Company.[1][2] From 1921 to 1924, a period of major renovations and construction occurred. The steam plant, built in 1901, was demolished and replaced with four Stirling boilers and a 225-foot-high chimney. Two buildings were erected to house the paper machines and the grocery bag department. During this period, most of the employee residences in the nearby village were built and provided with fire, sewer, and water systems. Over the next decade, Gilman Paper Company expanded manufacturing in the paper converting field, opening a Kraft bag department, a gummed tape department, and a department that produced twisted yarn made from paper.[2]

In the 1940s, Isaac Gilman's son Charles Gilman built an additional mill in St. Mary's, Georgia. The company was capable of producing 2.6 million pounds of paper per day, employed 1,100 workers and 1,500 independent contractors, with headquarters at 111 West 50th Street, New York. Gilman Paper Company grew to become the largest privately held paper company in the United States.[1] In addition to the pulp mill in St. Marys, Georgia, Gilman Paper Company acquired extensive timberland in Florida and Georgia, including 7,400 acres in Nassau County, Florida that would become White Oak Conservation.[1][3] A short-line railroad was built to haul trees, pulp, and paper.[1] In 1969, Gilman Paper Company's Vermont mill was sold to Georgia-Pacific Corporation.[2][4]

At the death of Charles Gilman in 1967, the company was run by his two sons, Charles (Chris) Gilman, Jr. and Howard Gilman.[2] The article, The Fall of The House of Gilman, published in Forbes Magazine in 2003, described Gilman Paper Company's management under Charles and Howard Gilman:

Their relationship became strained, riven by jealousy and bitterness over control of the company, according to friends and family. In 1979, their mother, Sylvia, sided with Chris, disinheriting Howard and leaving Chris with control of the business.[1]

With the assistance of attorney Bernard D. Bergreen, Howard Gilman was able to reinstate his stake in Gilman Paper Company. At the death of Charles Gilman, Jr., in January 1982, Howard Gilman bought the balance of the company from Charles's estate. Howard Gilman later died of a heart attack at his White Oak Conservation in Yulee, Florida, in 1998. At the time of his death, the Gilman family fortune was estimated to be $1.1 billion in assets, with $550 million in debts.[1][3]

The paper mill was subsequently sold to Durango Products of Mexico. In 2002, Durango entered into bankruptcy, and the paper mill was shut down in September 2002.[1][3]

References

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