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International Paper to Release Second-Quarter Earnings on July 31, 2025
Prnewswire· 2025-06-25 21:00
Group 1 - International Paper will release its second-quarter earnings on July 31, 2025, before the opening of the New York Stock Exchange [1] - A webcast to discuss earnings and current market conditions will begin at 10 a.m. ET [1] - Participants can join the webcast via teleconference or listen online, with a replay available for ninety days [2] Group 2 - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with operations in over 30 countries [3] - The company employed more than 65,000 team members and reported net sales of $18.6 billion for 2024 [3] - In 2025, International Paper acquired DS Smith, enhancing its position in the North American and EMEA regions [3]
International Paper Announces Facility Alignment in the Rio Grande Valley as Part of Strategic Growth Initiative in North America
Prnewswire· 2025-05-09 12:30
Core Viewpoint - International Paper is consolidating its operations in the Rio Grande Valley to enhance customer service and maintain a competitive cost structure, which is part of its strategic growth initiative [1][2]. Group 1: Operational Changes - The company will convert its Edinburg, Texas sheet plant into a warehouse and invest in its McAllen, Texas facility to increase capabilities [1]. - Operations in Reynosa, Mexico will be shifted to a new, modern facility currently under construction, while the box and sheet plants in Edinburg will be closed [1][2]. Group 2: Employee Impact - The company aims to minimize the impact on affected employees through natural attrition, retirements, and open positions at other facilities, including McAllen [3]. Group 3: Company Overview - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with over 65,000 employees and operations in more than 30 countries [4]. - 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 regions [4].
Amcor Lift-Off initiative extends deadline for compostable or recyclable barrier coating solution challenge
Prnewswire· 2025-03-24 13:22
Core Points - Amcor has extended the application period for its Amcor Lift-Off Sprints challenge, which supports innovative companies providing compostable or recyclable barrier coatings solutions [1][4] - The initiative aims to foster technical collaborations with start-ups and innovators to address specific R&D challenges, offering successful applicants funding of up to $500,000 [3][4] - The application deadline is set for April 13, 2025, with key dates including shortlisting on April 25, 2025, and Final Pitch Day on May 12, 2025 [8] Company Overview - Amcor is a global leader in responsible packaging solutions, generating $13.6 billion in annual sales in fiscal year 2024, with operations in 212 locations across 40 countries [7] - The company focuses on creating packaging that is recyclable, reusable, and made with increasing amounts of recycled content, serving various sectors including food, beverage, and pharmaceuticals [7]