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WSAV Savannah on MSN‘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 will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.
The Savannah and Riceboro closures came as part of a series of "strategic changes to achieve an advantaged cost position," ...
(Reuters) -International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm ...
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 says the transaction is expected to close by the end of the year, but is subject to regulatory approvals.
Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been ...
American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers business for $1.5 billion.
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