International Paper to Close Georgetown Mill, Impacting Nearly 700 Jobs

The closure marks a strategic shift as International Paper moves away from cellulose fibers to focus on sustainable packaging.

International Paper announced the closure of its Georgetown, South Carolina plant, affecting 526 hourly and 148 salaried employees.
The decision is part of a broader strategy to optimize operations by closing underutilized facilities and focusing on sustainable packaging solutions.
CEO Andy Silvernail cited the need to slash expenses and improve profitability as key reasons for the closure.
The Georgetown mill, a community staple since 1936, was a major economic engine for the area, producing fluff pulp for products like diapers.
The company is offering severance, outplacement, and mental health services to affected employees, while local leaders express concern over the economic impact.