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

International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm American ...

The company is restructuring its North American packaging business to improve its service and manufacturing footprint.

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

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

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

As part of its restructuring, the company will permanently close its Savannah containerboard mill and packaging facility as ...

Agreement to Sell Global Cellulose Fibers Business International Paper has reached a definitive agreement with American Industrial Partners (AIP) to sell its Global Cellulose Fibers (GCF) business for ...

Georgia Gov. Brian Kemp has issued a statement following news that International Paper would shut down its mills in Savannah ...

International Paper, a longtime pillar of Coastal Georgia's economy, announced Thursday that it will permanently close its ...

Back in 2018, International Paper announced a $552.7 million investment there to boost productivity, only a few months after it planned a $300 million conversion of the mill’s No. 15 paper machine.

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