“International Paper closing three US box plants, one sheet plant as consolidation continues
SAN FRANCISCO, May 3, 2013 (RISI) - In addition to previous reports of two box plant shutdowns,International
Paper this week said it will close three corrugated container plants and a sheet plant in the US by mid-year.
The company will close box plants in Indianapolis, Lake Wales, FL, and Kansas City, KS, and a sheet plant in Jacksonville, FL.
Related to the Indianapolis closure by early July, IP cited overcapacity in its corrugated packaging system in some areas following the February 2012 combination with Temple-Inland.
The Indianapolis shutdown will eliminate 91 jobs, and the closure in Lake Wales near Lakeland will impact 61 workers.”
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