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Memphis Company to Invest $225M in Mississippi

The $225 million plant will enhance packaging capacity and service quality, with construction starting June 2026 and operations in late 2027, officials said.

  • International Paper said from MEMPHIS, Tenn. that it will invest $225 million to build a 468,000-square-foot sustainable packaging facility on an 80-acre site in Brandon, Rankin County.
  • After a comprehensive review of its manufacturing footprint, International Paper's Board of Directors approved exploring a greenfield project in central Mississippi, supporting a strategy to optimize its box plant system and focus capital where it drives the greatest return, company executives said.
  • Construction is expected to begin in June 2026 with operations anticipated in the fourth quarter of 2027, and employees at the existing Richland facility will move to the new plant.
  • State and local leaders praised the project as a major economic win, with Mississippi Governor Tate Reeves saying 'This is another big win for Mississippi. International Paper's $225 million investment in Rankin County is more proof that Mississippi's momentum is real and growing stronger every day.'
  • The investment reinforces International Paper's commitment to strategic growth, operational excellence, and long-term value while improving service for customers across the Mid-South region.
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PR Newswire broke the news in United States on Friday, March 20, 2026.
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