International Paper to close four U.S. facilities in network optimization

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International Paper plans to close four U.S. facilities as part of a network optimization initiative. The decision affects hundreds of employees and is intended to improve operational efficiency and shift investment toward higher value opportunities. The closures mark a material change in the company's strategy and operating footprint within the paper and packaging industry.

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International Paper
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Closing four facilities as part of network optimization, affecting hundreds of employees and indicating restructuring costs and reduced capacity.