Memphis, Tennessee based International Paper announced the consolidation of its operations in the Rio Grande Valley.
As part of its strategic growth initiative, and commitment there, the company says it will make strategic investments to convert the current Edinburg, Texas sheet plant into a warehouse, invest in its current facility in McAllen, Texas to increase capabilities and shift its current Reynosa, Mexico operations to a new, more modern facility that is currently under construction in Reynosa. The company will close its box plant and sheet plant in Edinburg.
“The decision to cease operations at our two Edinburg facilities while investing in McAllen and Reynosa allows us to focus our efforts, provide excellent customer experiences and maintain a competitive cost structure that we believe positions us for profitable growth,” said Tom Hamic, Executive Vice President and President of Packaging Solutions North America, International Paper.
The company said its goal is to minimize the impact to employees through natural attrition, retirements and open positions at other IP facilities, including the McAllen facility.
https://boardconvertingnews.com/ip-consolidates-operations-closes-two-facilities-in-edinburg-tx/
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