International Paper announced a major restructuring, including the sale of its Global Cellulose Fibers business and closures of several U.S. packaging facilities, as part of its ongoing transformation strategy.
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International Paper said its rebrand aligns with its strategic vision to "build a better IP."
In the latest earnings reporting period for publicly-traded companies, these distributors and manufacturers reported strong sales figures.
Company merged with Plum Creek Timber Co. in February.