News

Augustans feel the pain of paper mill closures elsewhere in Georgia

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

American Industrial Partners to Buy International Paper Unit for $1.5 Billion

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

International Paper to Sell Fibers Business for $1.5 Billion

International Paper Co. said it will sell its global cellulose fibers business for $1.5 billion as part of its strategy to ...

International Paper to lay off more than 1,000 employees in mill closures

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

American Industrial Partners to Acquire International Paper's Global Cellulose Fibers Business for $1.5B

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 selling global cellulose fibers unit for $1.5B

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

International Paper Riegelwood Mill sold to American Industrial Partners for $1.5 billion

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