
International Paper has 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.
"This exploration is part of Packaging Solutions North America's
strategic growth initiative to enhance our regional
manufacturing footprint in the U.S. Salt Lake City would be a
new market for IP and an opportunity to better serve existing
customers in the region and grow strategically with new
customers," said John Berry, Group Vice President and General
Manager, Packaging Group West.
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.
International Paper (NYSE: IP; LSE: IPC) is the global leader
in sustainable packaging solutions. With company headquarters in
Memphis, Tennessee, USA, and EMEA (Europe, Middle East and
Africa) headquarters in London, UK, IP employs more than 65,000
team members and serves customers around the world with
operations in more than 30 countries.
Source: International Paper