International Paper is closing its Savannah and Riceboro facilities by September. Economic analysts explain the challenges ...

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 Co. has announced the closure of two Georgia paper mills, including a Savannah mill that's been a key ...

The company also will close a packaging facility and a timber and lumber mill, resulting in about 1,100 job cuts.

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

International Paper announced Thursday it will close the Riceboro containerboard mill and Riceboro Timber and Lumber. The ...

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

Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been ...

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

American Industrial Partners has agreed to acquire International Paper's global cellulose fibers business for $1.5 billion. American Industrial, an industrials-focused investor, said Thursday that its ...

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

The latest closures bring the number of impacted IP workers to 3,600 since October 2024. The actions add to North American containerboard production capacity cuts, which now total 9.5% in 2025, ...