International Paper Plans To Build Corrugated Packaging Plant In Pennsylvania

International Paper Co IP plans to build a corrugated packaging plant in Atglen, Pennsylvania.
The company expects the facility to expand its Industrial Packaging footprint in the northeastern U.S.
The company schedules to begin the construction in Q1 of 2022, with the plant fully operational in the Q1 of 2023.
The facility will employ approximately 150 team members.
Price Action: IP shares are trading higher by 0.20% at $45.63 on the last check Wednesday.