International Paper to Close Savannah and Riceboro Locations

In-Depth Analysis

### Background International Paper, a company with over 100 years of history, is the world's largest pulp and paper company, headquartered in Memphis, Tennessee. Founded in 1898, IP has grown through numerous acquisitions and restructurings to become a major player in the paper and packaging industry.

### Reasons for Closure The decision to close the Savannah and Riceboro mills is attributed to International Paper's strategic shift to sell its global cellulose fibers business. This move is intended to streamline operations and focus on core business areas.

### Impact on the Community The closures have elicited strong reactions from local and state officials:

• **Savannah Mayor Van Johnson:** Expressed devastation and disappointment, emphasizing concern for the 650 employees and families directly affected.
• **Savannah Area Chamber of Commerce:** Highlighted IP's long-standing contributions to the community and pledged support for the affected employees.
• **Georgia Governor Brian Kemp:** Mobilized state resources to connect workers with new job opportunities and attract businesses to benefit timber growers.

### Historical Context International Paper has a history of acquisitions and restructuring. It once supplied 60% of the country's newsprint. The company has also faced challenges such as labor strikes and health concerns related to asbestos use in its facilities.

### How to Prepare 1. **Job fairs and resources:** Attend job fairs organized by SEDA and utilize resources provided by the Technical College System of Georgia and the Department of Labor. 2. **Skills training:** Consider skills training and career counseling services to enhance employability in other sectors.

### Who This Affects Most The closures primarily affect the 1,100 employees of the Savannah and Riceboro mills, their families, and the local communities that rely on the economic activity generated by these facilities. The timber industry in Southeast Georgia will also face challenges due to reduced demand.

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FAQ

Takeaways

• The closure of International Paper's Savannah and Riceboro mills signifies a major economic shift in Southeast Georgia. Impacted workers should take advantage of available resources for job placement and skills training. The community must rally to support those affected and attract new businesses to the region.

Discussion

What are your thoughts on the closure of International Paper's Savannah and Riceboro locations? How do you think this will impact the local economy and the timber industry? Share this article with others who need to stay ahead of this trend!

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