tiprankstipranks
Trending News
More News >

International Paper considers sustainable packaging facility in Salt Lake City

International Paper (IP) announced the strategic exploration of a new sustainable packaging facility in Salt Lake City, Utah. The exploration of a prospective new facility is part of International Paper’s strategic growth plans to expand manufacturing capabilities in the United States. The company is eyeing Utah to increase its footprint in the region and better serve customers by meeting the growing demand for high-quality, sustainable packaging. This announcement comes shortly after the company celebrated the groundbreaking of a new state-of-the-art sustainable packaging facility in Waterloo, Iowa. If pursued, this proposed new facility will feature cutting-edge technology and equipment to help enable International Paper’s ability to deliver innovative and sustainable packaging solutions to a growing customer base in the western U.S. Specific information, including capital investment, facility footprint and potential employment opportunities will be shared at the appropriate time as part of the ongoing evaluation process.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

1