International Paper’s closure of its Savannah paper mill will cost 1,100 jobs and likely will have an impact on SC's $23B forestry and timber industry.

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.