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GEORGETOWN, S.C. (WCBD) – International Paper has announced the permanent closing of its Georgetown Pulp and Paper Mill, expected to impact 600-700 workers. Officials say the mill will shut down ...
In 2006, International Paper sold the plant to Verso Holdings, LLC, and 1,000 people worked in the mill at that time. In 2015, Verso laid off 300 workers. A year later, it filed for bankruptcy. In 2017, it laid off an additional 300 people and idled a machine. In April 2020, a wood pulp digester exploded, destroying the mill's pulp machines. [3]
The plant in Maine, known as the Androscoggin Mill, attracted national attention during this period. Ultimately, the strike ended with strikers defeated in their demands and permanently replaced with non-unionized workers. In 2006, International Paper sold this plant to Verso Holdings, LLC. In March 2023, the mill permanently closed.
The plant in Maine, known as the Androscoggin Mill, attracted national attention during this period. Ultimately, the strike ended with strikers defeated in their demands and permanently replaced with non-unionized workers. In 2006, International Paper sold this plant to Verso Holdings, LLC. In March 2023, the mill permanently closed.
International Paper, which employs about 1,700 people locally, has set a goal of slashing companywide greenhouse gas emissions 35% by 2030, as well as significantly reducing waste and water use.
While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a look at particularly stock-shaking analyst upgrades and downgrades -- just in case ...
International Paper, Memphis, Tennessee [322] Albany Paper Mill, Albany, Oregon (Closed in 2009, demolished in 2012) [323] [324] [325] Augusta Paper Mill, Augusta, Georgia [326] Bogalusa Paper Mill, Bogalusa, Louisiana Cedar Rapids Paper Mill, Cedar Rapids, Iowa [327] Courtland Paper Mill, Courtland, Alabama (Closing completely in 2014) [328] [329]
A Missouri demolition and redevelopment company is negotiating the purchase of the former Canton paper plant whose 2023 closing laid of 1,100 workers.