Memphis-based International Paper has announced plans to eliminate more than 2,500 employees and close nine facilities.

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The packaging company said Thursday it will permanently close its Red River containerboard mill in Campti, La., recycling plant in Phoenix, Az., box plant in Hazleton, Pa., and sheet-feeder facility ...

International Paper has laid off over 2,500 employees and closed multiple facilities since October. The Memphis-based company cited a need to align resources with customer needs and become a ...