International Paper to close 5 sites, affecting 500 employees

This story was originally published on Packaging Dive. To receive daily news and insights, subscribe to our free daily Packaging Dive newsletter. Dive Brief: International Paper announced Wednesday it plans to close five sites in Germany as part of its integration with DS Smith, the London-based packaging company it acquired in January for an estimated $7.2 billion. The manufacturing sites included are a conventional box plant, a display and offset site, and three sheet plants; another display site also ...