International Paper plans to close its container facility in Buena Park, California, affecting 71 employees, as part of its larger streamlining strategy that has impacted about 2,500 workers since October 2024. The decision, announced by corporate communications head Amy Simpson, aims to consolidate operations without disrupting customers. Employees will receive support during this transition and can apply for positions at other facilities. CEO Andy Silvernail’s 80/20 optimization plan, implemented after acquiring DS Smith, focuses on cost-cutting and enhancing productivity through strategic investments in manufacturing.

Source: https://www.supplychaindive.com/news/international-paper-closure-buena-park-california-layoffs/753704/