International Paper selling one unit, with three folding carton, bag plants

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作者
Anon
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来源
Pulp and Paper Week | 2000年 / 22卷 / 48期
关键词
Commerce - Packaging - Paper and pulp mills - Paper sheeting - Paperboard containers - Personnel - Sales;
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摘要
International Paper (IP) plans to sell its Retail Dept. and Hardware Stores business unit, consisting of folding carton and retail bag operations. This is a part of its disinvestment strategy. The company announced the permanent closure of a folding carton facility in Cincinnati, Ohio, to align its manufacturing system with customer demand. IP plans to divest more than $3 billion in assets and shut facilities that no longer fit its long term strategy.
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