IP closing 5 plants, laying off additional 500 people
In all, International Paper intends to lay off more than 1,150 people, including the 400 in Memphis and 250 other layoffs it announced Oct. 15. (The Daily Memphian file)
One closing is in Cleveland, Tennessee, part of what a Truist Securities analyst calls a process of “strategic, commercial and cultural reset.”
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International Paper plant closingsJane Roberts
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
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