Scott Paper Co.’s income increased 51% to...

Scott Paper Co.’s income increased 51% to a record $187 million in 1984. In the fourth quarter of 1984, net income increased 41% to $49.91 million. Philip E. Lippincott, chairman and chief executive, said: “Domestically, Scott’s sanitary paper-products operations recorded the highest dollar sales and earnings in its history and continued a trend begun in 1981 in which earnings for each quarter have improved year to year. The packaged-products division reported record earnings in 1984, despite the costs associated with the re-start of an Everett, Wash., paper machine and the introduction of a broad range of new or improved products.”