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.

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

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

American Industrial Partners purchased International Paper’s Global Cellulose Fibers business for $1.5 billion, AIP announced ...

International Paper Co. said Thursday that it would close two Georgia paper mills, including one that has been a cornerstone ...

Producers of metals and other raw materials slipped as traders awaited Federal Reserve Chairman Jerome Powell's Friday speech from Jackson Hole, Wyo. Investment firm American Industrial Partners has ...

Dow Jones Top Company Headlines at 5 PM ET: Boeing in Talks to Sell China Hundreds of Planes as Part of U.S. Trade Deal | NBCUniversal ... Boeing in Talks to Sell China Hundreds of Planes as Part of U ...

International Paper (IP) announced Thursday, Aug. 21, that it has entered into an agreement for its Global Cellulose Fibers ...