US EditionInternational Paper to Close Two Georgia Mills, Cut 1,000 Jobs ...
International Paper will invest $250 million to convert its Riverdale mill, while closing Savannah and Riceboro mills impacts about 1,100 jobs, reducing containerboard capacity by one million tons annually.
- On August 21, 2025, International Paper announced plans to shut down its paper mills in Savannah and Riceboro, Georgia, resulting in the loss of approximately 1,100 jobs.
- The closures follow International Paper's strategic shift to focus on packaging and divest its cellulose fiber business, with a $1.5 billion sale to American Industrial Partners expected by year-end.
- The Savannah and Riceboro mills have long histories, including DS Smith's 2017 acquisition of the Riceboro facility, and closures will reduce containerboard capacity by 1.43 million tons annually.
- Tom Hamic, Executive Vice President, acknowledged the significant impact these closures will have on staff members, their families, and local communities, while leaders in Georgia highlighted the broad economic consequences of the shutdowns.
- International Paper plans to invest $250 million to expand containerboard production at its Riverdale mill in Alabama, aiming to strengthen long-term competitiveness amid these changes.
43 Articles
43 Articles
1,100 Georgians Will Lose Jobs Due to Paper Mill Closures
International Paper will close two pulp and paper mills in Coastal Georgia, a move that will put about 1,100 employees out of work, the company announced Thursday. Mills in Savannah and Riceboro will shut down by the end of next month, as will the company’s Savannah packaging facility. The combined changes will result in a […] The post 1,100 Georgians Will Lose Jobs Due to Paper Mill Closures appeared first on The Georgia Sun.
International Paper to close 2 more mills, cut 1,100 jobs
KEY TAKEAWAYS: Earlier this year, International Paper closed a mill in Campti, Louisiana, laying off 470 people About 1,100 employees affected, with $158M in closure costs Pulp division sold for $1.5B; Alabama plant to expand cardboard output Savannah mill had been a regional economic cornerstone for 90 years International Paper Co. said Thursday that it would close two Georgia paper mills, including one that has been a cornerstone of Sava…
Associated Press News
International Paper to close 2 Georgia mills, cut 1,100 jobs
International Paper Co. has announced the closure of two Georgia paper mills, including a Savannah mill that's been a key part of the local economy for 90 years.
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