Groupon Launches in Charleston

(BUSINESS WIRE)--Groupon (http://www.groupon.com), a shopping website that offers a daily deal on the best local goods, services and cultural events in more than 165 markets around the world, launched in Charleston, South Carolina on August 2, 2010.

“Groupon brings buyers and sellers together in a fun and collaborative way”

“Charleston is among South Carolina’s largest cities and a top tourist destination rich in culture and history, making it perfect for Groupon,” said Groupon founder Andrew Mason. “We look forward to helping residents and visitors experience the best that Charleston has to offer, while establishing a new stream of customers to local businesses.”

Using the principles of collective buying, Groupon negotiates unprecedented deals with top businesses. Groupon subscribers receive free daily emails alerting them to the deal. These deals are only activated if a minimum number of people agree to buy, encouraging subscribers to share the promotion with family and friends via social media tools such as Facebook and Twitter. By guaranteeing a large number of new customers, Groupon creates a win-win for local merchants. So far, this innovative approach to e-commerce has generated millions in revenue for local businesses while saving millions of subscribers in North America more than $370 million.

“Groupon brings buyers and sellers together in a fun and collaborative way,” said Mason. “We offer the consumer a great deal they can’t get anywhere else and deliver the sales directly to the merchant.”

During its first week in Charleston, Groupon's featured deals included a local café, a spa and a historic pub tour. Upcoming features include a Bikram yoga package, an ice cream shop and a kayaking tour. Charleston is the first city in South Carolina to enjoy savings from Groupon.

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Georgia-Pacific Completes Acquisition of OSB Mills in South Carolina and Canada

/PRNewswire/ -- Georgia-Pacific today announced that is has completed the purchase of Grant Forest Products' oriented strand board (OSB) facilities at Allendale and Clarendon, S.C., as well as the facility at Englehart, Ontario, and the associated facility at Earlton, Ontario. The acquisition, first announced in January, totaled approximately $400 million.

"This acquisition represents a long-term, strategic investment by Georgia-Pacific, which will add value to our customers and our existing operations in Canada and the United States," said Mark Luetters, President - Georgia-Pacific Wood Products. "Georgia-Pacific is committed to working closely with employees, customers and suppliers as well as local government and business to ensure that the transition is as smooth and seamless as possible. We look forward to hitting the ground running and maximizing the potential of these facilities."

Georgia-Pacific OSB products include BlueRibbon® rated sheathing and sub-floor, Thermostat® OSB radiant barrier sheathing, DryGuard® enhanced OSB sub-floor and Nautilus® wall sheathing with pre-applied house wrap. The company also will offer many of the additional products made at the new facilities, including larger panels.

The process for the acquisition has involved a series of governmental approvals on both sides of the U.S. and Canadian border. These have included the Canadian court overseeing the Grant Forest Products Companies' Creditors Agreement Act filing, the Canadian Competition Bureau, the United States Federal Trade Commission, Investment Canada and the U.S. Bankruptcy Court in Delaware.

Georgia-Pacific currently has seven facilities operating in South Carolina as well as a wood and fiber supply office at Prosperity. In the state, Georgia-Pacific manufactures Dixie® products, corrugated packaging, thermosetting resins and building products.

Headquartered at Atlanta, Georgia-Pacific is one of the world's leading manufacturers and marketers of building products, tissue, packaging, paper, cellulose and related chemicals. The company employs more than 40,000 people at more than 300 locations in North America, South America and Europe. Georgia-Pacific creates long-term value by using resources efficiently to provide innovative products and solutions that meet the needs of customers and society, while operating in a manner that is environmentally and socially responsible and economically sound. The company has long been among the nation's leading manufacturers and suppliers of building products to lumber and building materials dealers and large do-it-yourself warehouse retailers, with brands such as Plytanium® plywood, DryPly® water repellent plywood, Ply-Bead® panels and Wood I Beam(TM) and XJ 85(TM) joists offered by Georgia-Pacific Wood Products LLC. DensArmor Plus® interior panels, DensGlass® Sheathing and ToughRock® drywall are offered by Georgia-Pacific Gypsum LLC. The familiar consumer tissue brands of Georgia-Pacific Consumer Products LP include Quilted Northern®, Angel Soft®, Brawny®, Sparkle®, Soft 'n Gentle®, Mardi Gras®, So-Dri® and Vanity Fair®. Dixie Consumer Products LLC, a Georgia-Pacific company, manufactures the Dixie® brand of tabletop products. For more information, visit www.gp.com

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