International Paper explores new sustainable packaging facility in Utah, US
Sustainable packaging company International Paper (IP) is considering the establishment of a new facility in Salt Lake City, Utah, US.
This initiative aligns with the company's strategic growth plans to enhance its manufacturing capabilities across the US. It follows the recent ground-breaking of another packaging facility in Waterloo, Iowa.
The company aims to increase its presence in the region and seeks to meet the rising demand for high-quality, sustainable packaging solutions in the western US.
International Paper's potential new facility in Utah would incorporate advanced technology and equipment.
International Paper Packaging Group West vice-president and general manager John Berry said: "This exploration is part of Packaging Solutions North America's strategic growth initiative to enhance our regional manufacturing footprint in the US.
"Salt Lake City would be a new market for IP and an opportunity to better serve existing customers in the region and grow strategically with new customers."
Details regarding the proposed facility, including capital investment, size, and potential job creation, will be disclosed as the evaluation process progresses.
Last month, International Paper announced a quarterly dividend of $0.46 per share for common stock and $1.00 per share for cumulative preferred stock, both for the quarter ending 30 June 2025.
These dividends are scheduled for payment on 13 June to shareholders on record as of 23 May 2025.
With headquarters in Memphis, Tennessee, and Europe, the Middle East, and Africa (EMEA) operations centred in London, UK, International Paper employs over 65,000 team members.
The company operates in more than 30 countries and is dedicated to providing sustainable packaging solutions that contribute to global safety and productivity. In 2024, International Paper reported net sales of $18.6bn.
The acquisition of DS Smith in 2025 has positioned International Paper as an industry leader in the North American and EMEA markets.
"International Paper explores new sustainable packaging facility in Utah, US" was originally created and published by Packaging Gateway, a GlobalData owned brand.
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