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International Paper Announces Facility Alignment in the Rio Grande Valley as Part of Strategic Growth Initiative in North America

Summary by stocktitan.net
International Paper (NYSE: IP) has announced a strategic consolidation of its operations in the Rio Grande Valley. The company plans to:- Convert the Edinburg, Texas sheet plant into a warehouse- Close the box plant and sheet plant in Edinburg- Invest in its McAllen, Texas facility to enhance capabilities- Relocate Reynosa, Mexico operations to a new, modern facility under constructionThe company aims to minimize employee impact through natural …
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stocktitan.net broke the news in on Friday, May 9, 2025.
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