International Paper Co. has announced the closure of two Georgia paper mills, including a Savannah mill that's been a key part of the local economy for 90 years

International Paper called the decision a series of strategic changes to achieve an advantaged cost position in a press release sent out by the company on Thursday morning.

International Paper is closing its Savannah and Riceboro facilities by September. Economic analysts explain the challenges workers face and the broader impact on the region.