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.
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