News

American Industrial Partners to Buy International Paper Unit for $1.5 Billion

American Industrial Partners has agreed to acquire International Paper’s global cellulose fibers business for $1.5 billion.

International Paper announces strategic changes that lead to over 1,000 layoffs

These changes include a $1.5 billion sale of IP's Global Cellulose Fibers (GCF) business and a restructuring of its North the ...

American Industrial Partners to Acquire International Paper's Global Cellulose Fibers Business for $1.5B

American Industrial Partners has agreed to acquire International Paper's global cellulose fibers business for $1.5 billion. American Industrial, an industrials-focused investor, said Thursday that its ...

International Paper selling global cellulose fibers unit for $1.5B

Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been ...

Augustans feel the pain of paper mill closures elsewhere in Georgia

International Paper announced it will close its locations in Savannah and Riceboro, but the losses are being felt in Augusta, ...
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'Deeply concerned': Georgia Gov. Kemp issues statement following International Paper closure news

Georgia Gov. Brian Kemp has issued a statement following news that International Paper would shut down its mills in Savannah ...

How Investors May Respond To International Paper (IP) Expanding Containerboard Production and Renewing Kraton Partnership

Kraton Corporation recently announced the renewal of agreements with International Paper to ensure uninterrupted site services at Kraton’s Savannah, Georgia facility, while International Paper also ...