International Paper (IP) has been in the news recently with a variety of important updates. The company reported its
First Quarter 2025 Results, but unfortunately missed Q1 sales targets. IP also announced facility realignment in the Rio Grande Valley, as part of their strategic growth initiative in North America. Furthermore, a buyer has been found for five European box plants. Unfortunately, Wells Fargo downgraded the company due to weak containerboard fundamentals, leading to facility closures. However, growth prospects are not bleak, with the company outlining its
2027 vision and integration plans for DS Smith. The company also expanded its Midwest presence with a new $200M sustainable packaging plant, creating 190 jobs in Iowa. However, amid these changes, it also announced job cuts and the closure of four US plants as part of its strategic review. IP has also been making progress on its acquisition of DS Smith, securing EU clearance, and completing the merger. The company is also seeking to divest in five European corrugated box plants. Lastly, leadership adjustments have been made with IP appointing new leaders and executives.
International Paper IP News Analytics from Mon, 26 Aug 2024 07:00:00 GMT to Fri, 09 May 2025 19:01:12 GMT -
Rating -2
- Innovation 0
- Information 5
- Rumor 1
