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Overview
International Paper produces renewable, fiber-based packaging, pulp, and paper products on a global scale. It serves customers in eCommerce, food and beverage, and industrial markets, transforming renewable resources into essential products such as custom-designed corrugated packaging and absorbent pulp through its manufacturing expertise and wide geographic reach. The company’s packaging and pulp solutions work by converting renewable fibers into sturdy, customized packaging and other fiber-based goods to meet customer requirements and supply chain needs. What sets the company apart is its combination of extensive global manufacturing capability, deep experience in fiber-based products, and a commitment to sustainable, dependable solutions, enabling tailored packaging solutions at scale. Its goal is to provide sustainable, fiber-based packaging and related products that meet evolving customer needs while helping businesses stand out in their markets.
About International Paper
Industries
Industrial & Manufacturing
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Moscow, Idaho
Founded
1898
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Simplify's Take
What believers are saying
- Q2 2026 box volumes rose 1.7%, showing demand resilience despite softer markets.
- Riverdale conversion finished in July 2026 and reaches full run-rate by Q1 2027.
- Management targets $3.2-$3.4 billion adjusted EBITDA for 2026, backed by new capacity.
What critics are saying
- Pine Hill's 2026 closure cuts Q3 EBITDA by $85 million, hitting cash generation.
- Since October 2024, IP announced 5,800-plus job cuts; execution risk stays elevated.
- Europe separation and closures after DS Smith integration strain management and invite value leakage.
What makes International Paper unique
- DS Smith deal made International Paper a top North American corrugated player, Jan. 2026.
- Andy Silvernail is pruning 40 European facilities and 4,000 jobs for cost advantage.
- Riverdale, NORPAC, and Dover deepen IP's packaging network near customers.
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Former AGFC commissioner Varnell dies. Sonny Varnell, who served one of the weirdest terms on the Arkansas Game and Fish Commission, died Monday after battling a long illness. Appointed by former Gov. Mike Huckabee, Varnell served on the Game and Fish Commission for five years from 2003-08. The governor appoints commissioners to serve a constitutionally mandated term of seven years. The late Bill Ackerman of Fayetteville was Huckabee's first choice. At that time, the legislature met every other year, so Ackerman served nearly two years before the senate convened. Ackerman was the victim of some political payback from State Sen. Sue Madison, who won her seat in a hotly contested election against Ackerman's wife Bootsie Ackerman. A senator could veto an appointment if she or he represented the appointee's district. Madison vetoed Bill Ackerman's Game and Fish appointment, compelling him to resign. Huckabee appointed Varnell to fill Ackerman's term. Brett Morgan of Little Rock served with Varnell along with Sheffield Nelson of Little Rock, Mike Freeze of Keo, Freddie Black of Lake Village, George Dunklin of Humphrey, the late Forrest L. Wood of Flippin, the late John Benjamin of Glenwood and the late Ron Pierce of Mountain Home. Morgan said Varnell was known for his even temperament and gentleness. "One thing I could always say he was always a gentleman," Morgan said. "I always said he flies at the same level all the time. He never had those knee-jerk reactions or got carried away in a moment the way sometimes happens. 'Even-Flight' Sonny. He was always very interactive with the staff. Everybody liked him. You didn't ever have any controversy with Sonny." Varnell, who retired from International Paper Co. after a 30-year career, was a passionate angler. That connected him with Huckabee, an avid angler who pastored Immanuel Baptist Church in Pine Bluff where Varnell worshipped. Before appointing him to the Game and Fish Commission, Huckabee also appointed Varnell to the Arkansas Pollution Control and Ecology Commission. Varnell seldom spoke during committee meetings or public meetings. He wielded his influence through his relationships with individual commissioners. I do not ever recall hearing him ask the body for any special consideration in his district. Instead, commissioners sometimes asked him if there were any needs in his district. That's the only time I've ever seen that happen. Usually, if you don't speak up, you're ignored. Soft-spoken and professorial, Varnell was a natural educator. I once rode with Varnell to a turkey hunt near Dumas. During the drive, he briefed me on the history of the wild turkey in that part of the world. Woodstock Island, where we hunted, had a surplus of turkeys during the reintroduction period. The owners permitted the Game and Fish Commission to trap turkeys on the island and translocate them elsewhere. For that reason, Woodstock was vitally important to the re-establishment of turkeys in Arkansas. Varnell frequently disagreed with opinions expressed in this space about the commission's business, and he had a very tactful way of making his displeasure known. The commission's public meetings are on Thursdays. Our Thursday column often comments on topics that commission addressed in committee the previous day. Those columns show how the Commission makes its sausage - bones, gristle and all. They are sometimes unflattering. Varnell would wade through the crowd and come to the press table in the back on the auditorium. He would grip my hand firmly, pull me close to his side and murmur in my ear, "I had a good mind to call you up and chew your butt out this morning." That was all. He lodged his protest without a hint of rancor. "Call me anytime, Sonny," I'd say. We shared a hearty laugh, and then he'd say, "Keep up the good work," before returning to his seat. The commission illustrated its respect for Varnell when it included his name in its (Sonny Varnell) Richland Valley WMA. The commission bought it to expand public elk habitat in the Buffalo River corridor, and it's one of the commission's showcases. Varnell retired to his place in Madison County on the Kings River, where he pursued his beloved smallmouth bass. He frequently invited me to join him. I regret not making the trip. It would have been worthwhile. Bryan Hendricks has been the Arkansas Democrat-Gazette outdoors editor since 2005. He covers hunting, fishing, camping, and all other outdoor activities in The Natural State, as well as the Arkansas Game and Fish Commission. Bryan has won 30-plus awards for his work, including the Arkansas Press Association Freedom of Information Award, Service to Freedom of Information Award (Associated Press Managing Editors), Reporting on Freedom of Information Issues Award (Society of Professional Journalists), the John Robert Starr Award for Excellence in Journalism, and the Arkansas Wildlife Federation Conservation Communicator of the Year Award. Support journalism that digs deeper into topics that matter most to Arkansans. Donate today to preserve the quality and integrity of local journalism. 05:10 AM (−0 min)
LCDA closes year of progress, investments. Published: Sep 3, 2026, 6:28 AM The Liberty County Development Authority (LCDA) closed fiscal year 2026 with progress on priorities to strengthen Liberty County's economy, including new industrial investment, infrastructure and site development, support for existing industries, regional partnerships, and long-term planning. This was the first year of LINK Liberty, LCDA's strategic plan. The plan provides a roadmap to support existing industry, attract quality jobs and investment, improve infrastructure, and expand economic opportunities, while protecting Liberty County's environment and quality of life. "Economic development is about much more than individual projects or announcements. It is about making strategic investments today that position Liberty County for success for decades to come," LCDA CEO Brynn Grant said. "This year reflects the work of our board, staff, and many partners to strengthen our existing industries, prepare for future opportunities, and ensure that growth creates lasting value for the people who live here." At Tradeport East Business Center, Westin Furniture opened a 250,000-square-foot facility with plans for approximately 80 employees. Creative Home Ideas completed a 580,000-square-foot distribution and assembly facility expected to support more than 70 jobs. At Dorchester Commerce Center, developed by Flint Development, more than 2 million square feet of industrial space continues to attract national logistics investment. In March, Hasbro opened its new 600,000-square-foot distribution center in partnership with GXO Logistics. It is Hasbro's first fully developed, leased, and branded U.S. distribution center. The facility handles approximately 25% of Hasbro's U.S. distribution volume, complementing existing operations in Chino, CA, and Joliet, IL. Initially employing approximately 70 people and growing to as many as 125 during peak periods, GXO continues to hire and expand its Liberty County workforce. At Tradeport West, a $2 million Georgia Rural Site Development grant has accelerated construction of approximately 1.5 miles of road, drainage improvements, utility infrastructure, and site preparation, opening 170+ acres for industrial investment and job creation. Tradeport West also earned Georgia Ready for Accelerated Development (GRAD) Select status from the Georgia Department of Economic Development, confirming due diligence and improving the site's ability to improve speed to market for prospective industries. At Hinesville Technology Park, Atlantic Building Components is constructing a new manufacturing operation, the first to locate in the park in more than a decade. LCDA also celebrated the opening of the Hinesville Fire Department training center on property donated by the Authority. Investments continued in Hinesville Technology Park with the extension of Technology Drive and improvements to industrial buildings owned and marketed by the Authority. LCDA continued technical, financial, and regulatory due diligence for a proposed water reclamation facility, which is to support future industrial investment and growth in Liberty County. Committed to transparency, the Authority expanded opportunities for community engagement, including public meetings, educational outreach, and partnerships focused on water quality and environmental stewardship. Following International Paper's announcement that it would close its Riceboro paper and lumber mills, LCDA coordinated with workforce partners and local governments to organize a job fair connecting nearly 300 workers with 30 employers and support organizations. In partnership with Devendorf-Belford Tree Farm, the inaugural Forestry Solutions Summitwas launched, uniting leaders from across coastal Georgia to discuss innovation, sustainability, workforce challenges, and the future of the forestry industry. Planning for growth was furthered by new economic research. LCDA commissioned a Georgia Institute of Technology study of the fiscal impact of development in Liberty County. The analysis found that commercial and industrial properties require approximately 40 cents in government services for every $1 generated in taxes, compared with approximately $1.36 in services for every $1 generated by residential development. The findings reinforce the importance of a balanced tax base and LCDA's strategy of attracting commercial and industrial investment in planned locations, while supporting the needed infrastructure and services. Regional collaboration also expanded with the establishment of the Tri-95 Georgia Joint Development Authority, a partnership with Long and McIntosh counties focused on strengthening economic competitiveness along the Interstate 95 corridor through collaboration on infrastructure, workforce, and economic development strategy. LCDA continued investing in RISE and its workforce initiatives and engaging with World Trade Center Savannah and other regional partners to strengthen coastal Georgia's competitiveness. Education and workforce initiatives included establishing the Georgia Southern University Eagle Excellence Scholarship fund to support Liberty County students attending the Hinesville campus, hosting Economic Development 101 programs for educators and elected officials, and supporting workforce readiness through service with Savannah Technical College and the Liberty County College and Career Academy. LCDA also continued working with Liberty County, the City of Hinesville, and military partners to support MidCoast Regional Airport at Wright Army Airfield, where efforts are underway to expand opportunities for general aviation and other aviation activities. "Our successes are shared successes. We thank every person, organization, industry, and community partner whose efforts contributed to our progress and helped move Liberty County forward," LCDA Board Chairman and state Rep. Al Williams said. "As we look ahead, we're building on the accomplishments, lessons learned, and momentum of the past year with an even greater commitment to our mission: creating opportunities, strengthening our economy, and, most importantly, raising the standard of living for the residents of Liberty County." As Liberty County continues to grow, LCDA remains focused on disciplined planning, infrastructure investment, workforce development, regional collaboration, and responsible economic growth that creates long-term opportunity while safeguarding the natural resources and quality of life that make Liberty County unique.
Lifetime Brands (Robbinsville). 140 layoffs Announced: January Effective: 4/10/26 - 11/26/26 The company last year announced it was relocating its East Coast Distribution Center from Robbinsville, to a newly built facility in Hagerstown, Maryland. They have announced 140 layoffs based in NJ, effective throughout this year. Lifetime Brands include KitchenAid, Farberware, Sabatier and Genuine Fred, among other products. (Google Maps) International Paper (Barrington). 126 layoffs Announced: June Effective: 9/24/26 International Paper announced it is closing its box plant in Barrington, Camden County, which will mean 126 layoffs, effective by late September. The New Jersey facility is one of four U.S. closures announced by the paper goods company. (Google Maps) Arrow Fastener (Saddle Brook). 140 layoffs Announced: February Effective: 5/1/26, 6/5/26, 7/26, 8/26 With roots as the go-to staple gun maker, Arrow Fastener has been around since 1929. The company then branched out to make staplers, brad nail guns, glue guns, rivet tools and more. Arrow Fastener was bought in 2017 by one of Asia's largest hand tool manufacturers, Hangzhou GreatStar Industrial, based in China. The Saddle Brook manufacturing site has announced 140 layoffs, effective in May. (Google Maps) Saks and company (statewide, East Rutherford). 127 layoffs Announced: January, February Effective: 5/4/26, 5/11/26 In January, Saks & Company announced 69 layoffs, from around the state, effective by May. In February, the company announced another 58 layoffs in East Rutherford, also effective by early May. That round is tied to the Saks Fifth Avenue store closing at American Dream Mall. (Google Maps) Scudetto logistics (Trenton). 120 layoffs Announced: February Effective: 5/14/26 Scudetto is a self-described "family-ran, privately owned logistics company providing services as an Amazon Delivery Service Partner," according to an online profile. The company has announced 120 layoffs out of Trenton, effective by May. (Google Maps, Cigna) Cigna Evernorth Health Services (Morris plains). 134 layoffs Announced: February Effective: 4/29/26, 5/3/26, 5/20/26 Cigna-owned Evernorth Health Services handles pharmacy, care, and other health solutions. In February, the company announced 134 layoffs effective in late April and May. (Google Maps) Target (burlington, gloucester, middlesex, monmouth). 107 layoffs Announced: February Effective: 5/17/26 Cuts announced by Target include some at the store district level and the rest at supply chain sites, according to an internal email cited by CNBC. The cuts from those areas means the company can add "significantly more payroll in our stores," the email also said. (Google Maps) Compass Inc. (Madison). 110 layoffs Announced: February Effective: 1/9/26 - 8/14/26 Compass Inc. (a New York-based tech real estate firm) announced 110 job cuts out of Madison to be completed by August, following a $1.6 billion merger with Madison-based Anywhere Real Estate. The merger creates a combined entity, featuring brands like Coldwell Banker and Sotheby's. (Google Maps, Walmart) Walmart (Hoboken). 100 layoffs Announced: February Effective: 5/1/2026 Walmart has announced another 100 layoffs based out of its Hoboken offices, effective by May. Last year, the massive retailer began relocating corporate positions to a new, 350-acre site in Bentonville, Arkansas, with 2.4 million square feet of office space. Under that restructuring, in 2025 Walmart announced 668 layoffs, if not relocating out of New Jersey. March Biggest layoffs New Jersey 2026 - RB Mead Johnson Parsippany Reckitt Benckiser, RB Health, Mead Johnson (Parsippany). 94 layoffs collectively Announced: March Effective: 3/2/26 - 8/31/26 Reckitt Benckiser (RB) acquired major baby formula maker, Mead Johnson Nutrition in 2017 for $17.9 billion. Listed in three lines, the layoffs based in Morris County are as follows: -62 layoffs for Reckitt Benckiser -14 layoffs RB Health -18 layoffs Mead Johnson (Google Maps) Merck (Rahway). 88 layoffs Announced: June Effective: 9/4/26 In June, Merck announced 88 layoffs based out of Rahway, effective in early September. This follows 204 cuts announced by the pharmaceutical giant in November, also based out of its Rahway business complex. (Google Maps) Sandy alexander (clifton). 151 layoffs Announced: April Effective: 7/19/26 The commercial printing business announced 151 layoffs, effective by mid-July. (Google Maps) Gerresheimer glass (vineland). 139 layoffs Announced: August Effective: 9/1/26 - 7/30/27 (Google Maps) Fiserv solutions (Berkeley Heights). 118 layoffs Announced: March Effective: 3/31/26 - 5/31/26 In 2021, Fiserv, a leading global provider of payments and financial services technology, expanded its presence in New Jersey to a four-story building at 100 Connell Drive. Fiserv, based in Wisconsin, at the time received a state tax credit award of $109 million over seven years, MyCentralJersey reported. In March, the company announced 118 layoffs out of Berkeley Heights, from late in the month through May. (Google Maps) Danone North America (Bridgeton). 114 layoffs Announced: May Effective: 8/4/26 and 11/2/26 After more than 20 years, Danone North America will close its Bridgeton plant, laying off 114 workers, NJ Biz first reported. The food giant that makes yogurt and soy milk opened the 185,000 square-foot location in 2001. (Google Maps) Acme (Edgewater). 115 layoffs Announced: May Effective: 8/15/26 In May, Acme Markets announced 115 layoffs out of Edgewater, effective in August. (Google Maps) Sheraton Atlantic City Convention Center Hotel (Atlantic City). 99 layoffs Announced: July Effective: 10/1/26 Headquarters Hotel Mgmt, which operates as Sheraton Atlantic City Convention Center Hotel, is laying off 99 staffers, as confirmed with an NJ WARN notice. It is the result of an overall, state-approved redevelopment plan to convert a number of the hotel's rooms to senior housing. (Google Maps) IPIC (Fort Lee). 97 layoffs Announced: February Effective: 5/28/26 IPIC Fort Lee is a dine-in movie theater within the Hudson Lights center in Fort Lee. The company filed for Chapter 11 bankruptcy in February, and the 97 layoffs in NJ were part of that. (Google Maps, Labcorp) Lapcorp (Raritan). 83 layoffs Announced: March Effective: 7/3/26 - 7/17/26 Labcorp Raritan announced 83 layoffs in March, effective in July. (Google Maps) Fulton Bank (Parsippany). 95 layoffs Announced: May Effective: 7/31/26 and 10/2/26 Fulton Bank announced 95 layoffs out of Parsippany, effective by July and October. The cuts are on the heels of the company's $243 million acquisition of Blue Foundry Bank, NJ Biz reported. (Google Maps) DoubleTree Hilton (Somerset). 90 layoffs Announced: May Effective: 8/1/26 - 8/5/26 The DoubleTree hotel chain owned by Hilton has been faced with closures this year. In May, the Somerset location announced 90 layoffs, effective by August. (Google Maps) Merck & co (Rahway). 88 layoffs Announced: June Effective: 9/4/26 Merck kicked off June by announcing 88 layoffs, effective by September. That follows 204 layoffs, largely out of the pharmaceutical giant's Rahway complex, announced late last year. (Google Maps) ADP (roseland). 76 layoffs Announced: June Effective: 9/25/26 (Google Maps, Towsquare Media Illustration) Johnson and Johnson (New Brunswick). 56 layoffs Announced: May Effective: 8/21/26 The first this year for the New Brunswick based pharmaceuticals and homecare giant, Johnson and Johnson announced 56 layoffs, effective in August. A spokesperson said the layoffs stem from the company's planned spinning off of its orthopedics business from its MedTech sector, Fiercepharma reported.
IP reports loss in Q2 2026. The paper and board producer lost $12 million this spring but says its mill performance in North America is improving. Published August 05, 2026 Memphis, Tennessee-based International Paper Inc. (IP) has reported a $12 million loss in the second quarter of this year, representing a downward swing from the $60 million in net income it earned in the prior quarter. In presentation slides accompanying its second quarter earnings report, IP portrays new capacity coming online in North America while comments about operations in its Europe/Middle East/Africa (EMEA) region refer to the closing of some facilities and a workforce reduction of about 3,000. In that region, IP is merging operations it now has through its acquisition of United Kingdom-based DS Smith last year. "Our teams delivered strong second quarter results as execution continued to improve across the company," says IP board chair and CEO Andy Silvernail. "In North America, we improved mill performance and successfully completed the Riverdale [Alabama] machine conversion, while continuing to grow box volumes and remain on track to outperform the market." Continues the CEO, "In EMEA, we accelerated cost-out actions, advanced transformational investments and continued preparing for the separation as previously communicated." In Alabama, IP indicates a conversion project from graphic papers to packaging board production at the Riverdale mill is complete, with "ramp up progressing as expected." IP says it also is making progress toward opening a corrugated box plant mill in Waterloo, Iowa, saying in its presentation slides that operations there are scheduled to begin by the end of this year. The company also refers to its acquisition of Washington-based packaging board producer Norpac as having been completed in June, calling it a "strong strategic fit to serve growing demand for lightweight, high-performance grades on the West Coast." In the quarter just completed, IP says the Riverdale mill conversion project in Alabama added costs that affected its bottom line, as did "higher recovered fiber and freight costs." Considering the second half of 2026 now underway, Silvernail remarks, "Our priorities remain clear: execute with discipline, improve reliability and performance across our network, mitigate rising input costs in a dynamic environment and deliver commercial and cost-out initiatives," Sponsored Content Optimal productivity, heavy construction, safety features and operator comfort come together in the SENNEBOGEN 360 G-series telescopic wheel loader, designed for work across the waste and recycling industry. Telescopic wheel loaders manufactured by SENNEBOGEN have a growing presence at transfer stations, material recovery facilities (MRFs), construction and demolition (C&D) recycling plants and metal recycling facilities across North America. Adds the CEO, "While there is still work to do, we are building momentum across the businesses. The progress we are making gives us confidence in our ability to deliver strong performance through the remainder of 2026 and create sustainable value for our stakeholders." Get curated news on YOUR industry. Enter your email to receive its newsletters.
Packaging Machinery industry update - August 4, 2026: patent innovations surge, August trade show season in full swing, AI smart packaging gains momentum. August 4, 2026 - The global packaging machinery industry continues to release positive signals across patent innovation, trade shows, and smart manufacturing. Multiple companies received packaging machinery-related patent grants on the same day. According to Tianyancha APP data: * 新华医疗 (Shinva Medical, 600587) received a utility model patent for a "strip bag packaging machine filling and exhaust device". The device uses first and second extrusion units to effectively remove air from strip bags, preventing liquid carryover and seal surface cracking caused by bag slapping during exhaust. * 中盐化工 (CNSIC, 600328) received a utility model patent for an "automatic bag supply device for packaging machines". The device enables automatic bag feeding through coordinated operation of photoelectric switches, bag magazines, and transmission mechanisms, reducing labor intensity and improving packaging speed. * 新巨丰 (Xinjufeng, 301296) received a utility model patent for a "packaging box printed matter defect treatment platform". The platform enables precise cutting and splicing of defective printed material through pressing plate positioning and cutting components. * 博实股份 (Boshi Automation, 002698) received a utility model patent for a "simple roll changer". The device enables roll changing and film splicing for heavy-duty film bags with a simple structure, small footprint, and high reliability. August trade show season is in full swing. August 6-8, PPKG 2026 China (Shanghai) International Value-Added Food Processing Machinery and Packaging Exhibition will be held at the Shanghai New International Expo Centre. August 21-23, FPackAsia 2026 Guangzhou International Paper Packaging & Pulp Molding Technology and Equipment Exhibition will take place at the China Import and Export Fair Complex in Guangzhou. August 26-28, ProPak India 2026 will be held in Mumbai. Additionally, WEPSEA 2026 (World Expo of Packaging Industry Southeast Asia) will take place August 27-29 at Jakarta International Expo (JIExpo), Indonesia. The event will feature 20+ conferences, workshops and networking activities, with AI and smart manufacturing at the core of its program. AI smart packaging continues to gain momentum. Chengdu Yujunsheng Technology is capturing the smart packaging sector with self-developed AI technology, with orders already booked months in advance. The company's proprietary AI system is powered by a dedicated computing cluster with 400 high-end GPUs, achieving a picking speed of 150 times per minute. Internationally, the Marchesini Group will debut an integrated, robot-driven high-speed polypropylene blister packaging line at PACK EXPO International 2026 in October, featuring an AI-powered Line Clearance System (developed by SEA Vision) that gradually replaces PVC with recyclable mono-materials. Polytag has partnered with Videojet Technologies to enable smart QR code printing on production lines, meeting GS1 Sunrise 2027 standards. International Paper has completed its $250 million Riverdale mill conversion project. For Wilpac Packaging Machinery, surging patent innovations, a packed August trade show calendar, and the continued rise of AI smart packaging - the market opportunities for the second half of 2026 are rapidly unfolding. Wilpac Packaging remain committed to staying at the forefront of industry developments and delivering intelligent, sustainable packaging solutions to its customers.
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About International Paper
Industries
Industrial & Manufacturing
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Moscow, Idaho
Founded
1898
There are no jobs for International Paper right now.
Find jobs on Simplify and start your career today