International Paper Celebrates the Groundbreaking of Greenfield Packaging Facility in Waterloo, Iowa

Core Viewpoint - International Paper is investing in a new sustainable packaging box plant in Waterloo, Iowa, which will enhance its capabilities in the protein segment and meet the growing demand for high-quality packaging solutions [1][2][3]. Group 1: Facility Details - The new facility will be the largest greenfield box plant for International Paper in the U.S. and is strategically located in the Midwest [1][2]. - It is scheduled to begin operations in the fourth quarter of 2026 and will create approximately 65 new jobs, bringing the total team members to 190 [4]. Group 2: Company Commitment - The investment reflects the company's dedication to growth in competitive markets and its commitment to delivering quality and reliable products to customers [3]. - The plant will utilize cutting-edge technology and incorporate the latest safety practices, emphasizing the company's focus on innovative and sustainable packaging solutions [3]. Group 3: Company Overview - International Paper is a global leader in sustainable packaging solutions, with headquarters in Memphis, Tennessee, and operations in over 30 countries [5]. - The company reported net sales of $18.6 billion for 2024 and acquired DS Smith in 2025, strengthening its position in the North American and EMEA markets [5].