International Paper announced strategic actions to optimize its North America packaging network, including ceasing preprint operations at its Richwood, KY facility and closing plants in Aurora, IL, Elk Grove, CA, and Barrington, NJ by the end of the third quarter 2026. The decision is part of the company's ongoing strategy to strengthen its cost position, increase capacity, and provide customers with high-quality sustainable packaging solutions. These moves aim to focus investments on the highest-value opportunities and better serve customers across the region.

Tom Hamic, Executive Vice President and President, Packaging Solutions North America, International Paper, stated that these decisions are necessary to strengthen the network and position the company to compete for the long term. He emphasized the company's commitment to supporting affected employees through the transition and ensuring a seamless experience for customers.

International Paper will provide impacted employees with outplacement assistance, severance, and benefits. The company plans to transition affected customers to other facilities within each region to ensure continuity of supply.

Facility Closures

The following facilities are affected by the strategic optimization:

International Paper is a leader in sustainable packaging, creating solutions that enable customers, teammates, and shareowners to thrive. The company partners with customers across industries to protect what matters most, strengthen supply chains, and create lasting value.