News

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 focus on sustainable packaging solutions.The Memphis-based company will be ...

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 ...
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2 local Chick-fil-As offering food to International Paper employees after news of closure

Two local Chick-fil-As will be offering free breakfast to International Paper employees Friday and Saturday after the company ...
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'Deeply concerned': Georgia Gov. Kemp issues statement following International Paper closure news

Georgia Gov. Brian Kemp has issued a statement following news that International Paper would shut down its mills in Savannah ...

International Paper to Sell Cellulose Fibers Unit for $1.5 Billion

(Reuters) -International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm ...
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Pooler official shares resources for families impacted by International Paper closures

Pooler Mayor Pro Tem Aaron Henry took to his Facebook page late Thursday morning to provide resources for individuals and ...