International Paper (IP) announces the closure of its packaging sites in Compton (California) and Louisville (Kentucky). Both mills are to cease operations by January 2026. The company justifies the move with the ongoing reorganisation of its North American packaging network.
The closure of the Compton site affects 125 employees, while 93 employees are affected in Louisville. According to the company, the impact on the workforce is to be minimised as far as possible, including through transfers to vacant positions, natural fluctuation and retirements.
Focus on strategic expansion of the North American business
According to International Paper, it is undergoing a transformation process in order to further expand its position as a provider of sustainable packaging solutions. The adaptation of its own site structure should make it possible to concentrate investments on plants that will ensure better customer supply in the future and accelerate the implementation of strategic initiatives. First Last week, it was announced that the Group would be making closures in Germany. plans.
Headquartered in Memphis, the company employs more than 65,000 people worldwide and generated sales of USD 18.6 billion in 2024. With the acquisition of DS Smith in 2025, International Paper strengthened its market position, particularly in North America and the EMEA region.
Source: International Paper
