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International Paper, Riceboro and Savannah
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13hon MSN
International Paper to shutter Savannah facilities; operations to cease by end of September
The Savannah and Riceboro closures came as part of a series of "strategic changes to achieve an advantaged cost position," ...
International Paper will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.
The closures are part of a strategic change that includes a $250 million investment at a plant in Selma, Ala., the company said.
International Paper closure of Savannah paper mill to cost 1,100 jobs and likely will have an impact on SC's $23B forestry and timber industry.
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