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0 -0.00179910044977518 -0.00179910044977518 -0.00179910044977518 -0.000299850074962459 0.0437781109445278 0.0317841079460271 0.0404797601199401
Stock impact report

International Paper plans new Mississippi packaging plant [Yahoo! Finance]

International Paper Company (IP) 
Last international paper company earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: internationalpaper.com/performance
Company Research Source: Yahoo! Finance
The move comes after the company's board approved the development of a $225m greenfield site in central Mississippi following a review of its operations. To be built on an 80-acre site in Brandon, the facility will be located less than ten miles from the company's existing plant in Richland. According to IP, the facility will replace older infrastructure and is expected to improve service capabilities and product quality in the Mid-South region. The move is also expected to enhance the company's cost position. Mississippi governor Tate Reeves said: "This is another big win for Mississippi. International Paper's $225m investment in Rankin County is more proof that Mississippi's momentum is real and growing stronger every day. "We're seeing historic levels of capital investment because companies know Mississippi is a state where businesses can succeed. This project will create new opportunities for Mississippians and continue our state's record-breaking economic development s Show less Read more
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