IP announces four more closures, cutting 675 jobs
Since October, IP has announced closures, largely in the Southeast, that have or will eliminate 2,500 jobs.
There are 6 article(s) tagged Andy Silvernail:
Since October, IP has announced closures, largely in the Southeast, that have or will eliminate 2,500 jobs.
International Paper CEO Andy Silvernail is from Bucksport, Maine, a town where for years IP ran a mill until it was forced to close in 2014, gutting the economy of that community and beyond.
The city’s spending on private legal bills is rising, while MATA waits for more cash. Parks director Nick Walker says goodbye.
International Paper’s $9.9 billion deal to acquire DS Smith is expected to close Jan. 31 and give the Memphis-based firm 30,000 new employees worldwide.
“He’s here to fundamentally rework IP and make it successful,” a financial executive said about CEO Andy Silvernail.
The Memphis-based company’s announcement of the closing in South Carolina is in addition to previous layoff announcements.
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