Business
International Paper Plans to Build New Sustainable Packaging Facility in Rankin County, Mississippi
International Paper (NYSE: IP; LSE: IPC), today announced plans to construct a new 468,000-square-foot sustainable packaging facility in Rankin County, Mississippi. The investment reinforces the company's commitment to strategic growth, operational and customer excellence and long-term value creation.
About this update from International Paper Company
[{"type":"text","content":"MEMPHIS, Tenn., March 20, 2026 /PRNewswire/ -- International Paper (NYSE: IP; LSE: IPC), today announced plans to construct a new 468,000-square-foot sustainable packaging facility in Rankin County, Mississippi. The investment reinforces the company's commitment to strategic growth, operational and customer excellence and long-term value creation.","length":368,"tagName":"p"},{"type":"image","alt":"International Paper Logo (PRNewsfoto/International Paper)","displaySize":"","headline":null,"caption":"International Paper Logo (PRNewsfoto/International Paper)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":85,"url":"https://media.zenfs.com/en/prnewswire.com/eec688b082d4790062c90c3a98f7ae16"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Rah44.uuFIf.RUduBIRTKA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1MA--/https://media.zenfs.com/en/prnewswire.com/eec688b082d4790062c90c3a98f7ae16","width":400,"height":85}},"href":"https://mma.prnewswire.com/media/2012321/International_Paper__3_1_22_Logo_v2.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Following a comprehensive review of its manufacturing footprint, International Paper's Board of Directors approved both the exploration and advancement of this $225 million greenfield project in central Mississippi. The facility is planned to be built on an 80-acre site in Brandon, Mississippi, less than 10 miles from the company's existing Richland (Jackson) box plant.","length":415,"tagName":"p"},{"type":"text","content":"The new plant is designed to strengthen International Paper's cost position, improve reliability and product quality, and enhance service capabilities across the Mid-South region. By replacing older infrastructure with a modern, highly efficient facility, the investment should reduce structural costs and support growth in key market segments. The modern design and updated equipment should provide the latest innovations in safety and efficiency for employees.","length":516,"tagName":"p"},{"type":"text","content":"Construction is expected to begin in June 2026, with operations anticipated in the fourth quarter of 2027. Employees at the existing Richland facility will transition to the new plant upon...