International Paper Announces Strategic Changes to Support Growth in North America
Company to Exit Molded Fiber Business; Additional Facility Changes PlannedMEMPHIS, Tenn., June 26, 2025 /PRNewswire/ -- International Paper (NYSE: IP; LSE: IPC), a global leader in sustainable packaging, today announced a series of strategic changes to strengthen its North American operations and better serve customers.As part of this initiative, the company will: Exit the molded fiber business and convert the Reno, Nev. facility to support its packaging business Close its packaging facility in Marion, Ohio ...