News

International Paper to lay off more than 1,000 employees in mill closures

International Paper will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.

International Paper to Sell Cellulose Fibers Unit for $1.5 Billion

(Reuters) -International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm ...
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‘Terrifying to think about’: International Paper layoffs shock community

"Losing his job means losing our health insurance and financial security all at once. To be honest, this is terrifying to ...

International Paper to shutter Savannah facilities; operations to cease by end of September

The Savannah and Riceboro closures came as part of a series of "strategic changes to achieve an advantaged cost position," ...

International Paper announces strategic changes that lead to over 1,000 layoffs

These changes include a $1.5 billion sale of IP's Global Cellulose Fibers (GCF) business and a restructuring of its North the ...

International Paper Riegelwood Mill sold to American Industrial Partners for $1.5 billion

International Paper says the transaction is expected to close by the end of the year, but is subject to regulatory approvals.

Augustans feel the pain of paper mill closures elsewhere in Georgia

International Paper announced it will close its locations in Savannah and Riceboro, but the losses are being felt in Augusta, ...

American Industrial Partners to Buy International Paper Unit for $1.5 Billion

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers business for $1.5 billion.

How Investors May Respond To International Paper (IP) Expanding Containerboard Production and Renewing Kraton Partnership

Kraton Corporation recently announced the renewal of agreements with International Paper to ensure uninterrupted site services at Kraton’s Savannah, Georgia facility, while International Paper also ...