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

International Paper says the transaction is expected to close by the end of the year, but is subject to regulatory approvals.

The Savannah and Riceboro closures came as part of a series of "strategic changes to achieve an advantaged cost position," ...

International Paper announced a major restructuring, including the sale of its Global Cellulose Fibers business and closures ...

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

International Paper will close mills in Alabama and Georgia that will lead to layoffs of more than 1,000 employees.

International Paper called the decision a series of strategic changes to achieve an advantaged cost position in a press ...

International Paper Co. has announced the closure of two Georgia paper mills, including a Savannah mill that's been a key ...

International Paper said on Thursday it will sell its global cellulose fibers business to private equity firm American ...

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

Memphis-based International Paper is eliminating more than 1,000 jobs as part of a restructuring of its packaging business.

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