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.

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

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

American Industrial Partners ("AIP"), a focused industrials investor, today announced its affiliate has signed a definitive ...

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

The company also will close a packaging facility and a timber and lumber mill, resulting in about 1,100 job cuts.

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

International Paper Co. said it will sell its global cellulose fibers business for $1.5 billion as part of its strategy to focus on sustainable packaging solutions.The Memphis-based company will be ...

American Industrial Partners has agreed to acquire International Paper's global cellulose fibers business for $1.5 billion. American Industrial, an industrials-focused investor, said Thursday that its ...

The company had hinted at a major sale of its business segment for months. Super Women in Business Presented by Independent ...

MEMPHIS, Tenn., Oct. 31, 2024 /PRNewswire/ -- International Paper (IP) today announced the decision to review strategic options for its global cellulose fibers (GCF) business.