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
Longtime journalist Jane Roberts is a Minnesotan by birth and a Memphian by choice. She's lived and reported in the city more than two decades. She covers business news and features for The Daily Memphian.
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