As part of the changes, IP will exit the molded fiber business and convert the Reno, Nevada facility to support its packaging business.
June 26, 2025 - International Paper 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:
In the U.S., these changes will impact approximately 110 hourly and 24 salaried employees. In Mexico, APSA intends to retain current onsite team members at each location. International Paper is committed to minimizing the impact through job placement in existing vacancies, retirements and other internal opportunities. Affected employees will also receive severance and outplacement support where possible.
"These decisions are never easy because of the impact on our employees, their families and the communities in which we operate. We will assist employees and customers as much as possible through this transition," said Tom Hamic, executive vice president and president of IP's Packaging Solutions North America business. "While difficult, these decisions will help enable IP to prioritize the right geographies, customers and products and make investments in resources to support our growth in sustainable packaging."
These actions are intended to support International Paper's ongoing transformation initiatives to become a more focused and agile provider of sustainable packaging solutions. By streamlining operations, the company aims to make investments in facilities that are designed to enhance quality, reliability and service delivery.
International Paper (NYSE: IP; LSE: IPC) is the global leader in sustainable packaging solutions. With company headquarters in Memphis, Tennessee, USA, and EMEA (Europe, Middle East and Africa) headquarters in London, UK, IP employs more than 65,000 team members and serves customers around the world with operations in more than 30 countries.
SOURCE: International Paper