International Paper To Close Terre Haute Mill by Year-End

 

MEMPHIS, TN -- International Paper, a manufacturer and distributor of forest products, announced May 23 the company will close its Terre Haute, IN, containerboard mill in the fourth quarter of this year.

“We have been thoroughly studying options for the Terre Haute mill over the last two years,” said Dennis Colley, vice president and general manager of International Paper’s containerboard business. “The mill’s relatively small size and high manufacturing costs hindered its long-term competitiveness, and ultimately have led to our decision to close the mill.”

The Terre Haute mill employs approximately 170 people and annually produces approximately 200,000 tons of medium, a type of paperboard used in corrugated packaging. The mill began operation in 1917, and was acquired by International Paper in 1998 as part of the company's acquisition of Westin Wabash Co.

Read more.

Have something to say? Share your thoughts with us in the comments below.