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

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SAVANNAH, Ga. (WTOC) - International Paper has announced that it will close its locations in Savannah and Riceboro. In a release, International Paper says this announcement is “a series of strategic ...

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

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The Georgia plant closures are part of a broader initiative to reduce International Paper’s annual containerboard capacity by 1 million tons. One mill is nearly 90 years old.

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International Paper announced on Thursday four site closures in Georgia affecting a total of 1,100 hourly and salaried workers: one containerboard mill in Riceboro and another in Savannah; a ...

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