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International Paper Announces Strategic Actions

PR Newswire - Wed Oct 18, 2023

IP announces plans to permanently close its Orange mill and to permanently cease production on pulp machines in Riegelwood and Pensacola

MEMPHIS, Tenn., Oct. 18, 2023 /PRNewswire/ -- International Paper (NYSE: IP) today announced a series of actions to further strengthen and optimize its manufacturing system to meet customers' needs. The company will permanently close its containerboard mill in Orange, Texas, and will permanently cease production on two of its pulp machines - the #20 machine in Riegelwood, N.C., and the #4 machine in Pensacola, Fla.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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