BUSINESS

United States paper giant to close four plants

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MEMPHIS, Tennessee – International Paper, one of the world’s largest producers of fiber-based packaging and pulp, has announced plans to permanently close four facilities across the United States, resulting in approximately 330 layoffs. The Memphis-based company said late Friday that it will shut down a sheet plant in Aurora, Illinois, converting plants in Elk Grove, California, and Barrington, New Jersey, and preprint operations in Richwood, Kentucky. The shutdowns are scheduled to be completed by the end of the third quarter of 2026, as the company continues to restructure its operations and streamline its manufacturing footprint in a volatile economic environment. International Paper said the layoffs will be distributed across the four states, with the Elk Grove converting plant facing the largest impact, where 136 workers will lose their jobs. The converting facility in Barrington will cut 133 positions, the sheet plant in Aurora will lay off 41 employees, and the preprint operations in Richwood will affect 20 workers. The announcement has unsettled the affected communities, underscoring the employment impact of ongoing corporate consolidation and supply-chain optimization efforts. The company stated that it will offer severance packages, outplacement assistance, and transition benefits to all eligible employees affected by the closures.

Prepared by Christopher Adams and reviewed by editorial team.

Timeline of Events

Late Friday Company discloses planned facility closures
Late Friday Layoffs announced across four states
By end Q3 2026 Closures scheduled for full completion
By end Q3 2026 Sheet plant Aurora Illinois shutting
By end Q3 2026 Converting plant Elk Grove California closing
By end Q3 2026 Barrington New Jersey converting plant closing
By end Q3 2026 Richwood Kentucky preprint operations ceasing
After announcement Severance and transition support offered

Why This Matters to You

The closure of these International Paper plants means job losses in four states. If you're in these areas, it could impact your local economy. Check your town's job resources for support. It's also a reminder of the ongoing shifts in manufacturing due to economic volatility.

The Bottom Line

International Paper's decision underscores the challenges facing traditional industries in a changing economy. It's a tough blow for the affected communities and workers. Worth forwarding if you know someone impacted or interested in the state of American manufacturing.