Login

International Paper to close Georgia plants amid economic uncertainty

Paper, packaging industry undergoes major strategic changes
The International Paper mill in Savannah, Georgia, opened in 1935. (Getty Images)
The International Paper mill in Savannah, Georgia, opened in 1935. (Getty Images)
CoStar News
August 21, 2025 | 7:45 P.M.

International Paper, one of the world’s largest paper manufacturers, plans to close all operations in Savannah, Georgia, and terminate 1,100 jobs as it and other companies in the packaging sector are making major changes to cut costs amid economic uncertainty.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In