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International Paper to Build New $225m Box Plant in Mississippi
International Paper plans to invest $225 million in a new 468,000-square-foot greenfield packaging plant in Rankin County, Mississippi, replacing its older Richland facility. The new plant, targeting full operations by Q4 2027, aims to enhance efficiency, product quality, and service capabilities in the Mid-South. This significant investment comes despite a recent stock decline, signaling the company’s confidence in its North American transformation strategy.