Georgia-Pacific Corp. has agreed to buy Brunswick...

Georgia-Pacific Corp. has agreed to buy Brunswick Pulp & Paper Co. for $665 million. The purchase will include one of the world’s largest bleached pulp and paperboard mills, three sawmills and about 535,000 acres of timberland in Georgia, South Carolina and Florida, the company said. Brunswick is a joint venture of Mead Corp. and Scott Paper Co. Georgia-Pacific said deal would add 525,000 tons per year to its current annual market pulp capacity of 700,000 tons. It would double the company’s bleached board capacity, adding 175,000 tons to the company’s existing capacity.