International Paper Announces Facility Closures
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International Paper has announced the permanent closure of its Red River containerboard mill in Campti, Louisiana. This decision is part of the company's ongoing efforts to optimize its operations.
February 13, 2025 | 2:30 pm
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International Paper is closing its Red River containerboard mill in Campti, Louisiana, as part of its strategy to optimize operations.
The closure of the Red River mill is a significant operational change for International Paper, likely aimed at cost reduction and efficiency improvement. This could lead to short-term negative sentiment as the market adjusts to the news of the closure and potential job losses.
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