Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been ...

International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm American ...

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 ...

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers division in a carve-out deal. No financial terms were disclosed. Headquartered in Memphis, ...

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

International Paper will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.

American Industrial Partners has agreed to acquire International Paper’s global cellulose 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.

MANY EMPLOYEES SAY THEY'VE HAD GREAT CAREERS AT THE PAPER MILL. MANY, INCLUDING SAVANNAH MAYOR VAN JOHNSON, ARE NOW CONCERNED ABOUT WHAT'S NEXT. INTERNATIONAL PAPER ANNOUNCED THURSDAY IT WILL CLOSE ...

Agreement to Sell Global Cellulose Fibers Business International Paper has reached a definitive agreement with American Industrial Partners (AIP) to sell its Global Cellulose Fibers (GCF) business for ...

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

International Paper, a longtime pillar of Coastal Georgia's economy, announced Thursday that it will permanently close its ...