American Industrial Partners ("AIP"), a focused industrials investor, today announced its affiliate has signed a definitive ...

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

American Industrial Partners to acquire International Paper's Global Cellulose Fibers Division ...

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

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

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

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

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

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.