International Paper Permanently Closing Four Facilities [Yahoo! Finance]
ISUZU MOTORS UNSP/ADR (ISUZY)
NASDAQ:AMEX Investor Relations:
isuzu.co.jp/world/investor/index.html
Company Research
Source: Yahoo! Finance
Louis, a box plant in Hazleton, Pennsylvania and a Red River containerboard mill in Campti, Louisiana. The company stated that the facilities would cease operations by the end of April 2025. Most Read on Manufacturing.net: Battery Firm Abandons Plan for a $2.6 Billion Plant in Georgia Is Lean Manufacturing Still the Answer? Isuzu's $280 Million South Carolina Factory Will Make Trucks in a Whole New Way State Department Halts Plan to Buy $400M Worth of Armored Vehicles from Musk's Tesla The shutdowns will impact 495 hourly employees and 179 salaried employees. The company said it hopes to minimize the impact on employees by using attrition, retirements and current vacancies at its other locations. Team members at the affected locations will receive outplacement assistance, access to mental health support resources and severance benefits. Additionally, IP anticipates that the Red River containerboard mill closure will reduce the company's annual containerboard capacity by
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