MEMPHIS, Tenn., Nov. 14, 2025/ PRNewswire/– International Paper (NYSE: IP, LSE: IPC)) today revealed the closure of its product packaging centers in Compton, California and Louisville, Kentucky The centers will stop operations by January 2026 All clients will be serviced from other neighboring places.
The Compton center closure will affect 125 workers, while the Louisville center closure will affect 93 workers. The business will work to lessen the influence on workers by utilizing attrition, retirements and existing jobs at other International Paper places. Staff member at these places will get outplacement support, access to psychological health assistance resources and severance advantages.
” Deciding to close a center is extremely hard, particularly understanding the effect it has on our staff member and their households,” stated Tom Hamic, executive vice president and president, North American Product Packaging Solutions, International Paper. “We are best regards grateful for the contributions of our leaving staff member, and we are completely dedicated to supporting them through this shift.”
International Paper is going through a transformational journey to end up being a more powerful sustainable product packaging options business. An important action in this journey is to simplify IP’s footprint to focus financial investments on centers that will finest serve clients and speed up tactical efforts to enhance quality, dependability and service shipment.
About International Paper
International Paper (NYSE: IP; LSE: IPC) is the international leader in sustainable product packaging options. With business head office in Memphis, Tennessee, U.S.A., and EMEA (Europe, Middle East and Africa) head office in London, UK, we utilize more than 65,000 staff member and serve clients all over the world with operations in more than 30 nations. Together with our clients, we make the world more secure and more efficient, one sustainable product packaging option at a time. Net sales for 2024 were$ 18.6 billion. In 2025, International Paper got DS Smith producing a market leader concentrated on the appealing and growing North American and EMEA areas. Extra info can be discovered by visiting internationalpaper.com.
SOURCE International Paper