Manufacturing industries reporting contraction in July included manufacturers of wood and paper products, computer and electronic products, textile mills, chemical products, transportation equipment and machinery.

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These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.

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Koch Industries became a major producer of the chemical in 2005, after it bought Georgia-Pacific, the paper and wood-products company, for twenty-one billion dollars.

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Willamette Industries rejected a sweetened hostile takeover bid from rival wood-and-paper-products concern Weyerhaeuser in a unanimous vote of its board.

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Also known as loggers, lumberjacks typically harvest, cut and transport timber to be processed into lumber, paper and other wood products.

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Over decades, he built up his private Kraft Group--which includes holdings in paper and wood company International Forest Products, real estate and a private equity firm--into a fully integrated, billion-dollar company.

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