International Paper closes Texas plants, cuts 117 jobs

International Paper Co. Recently, two Texas facilities have been closed and get rid of 117 workers as they restructuring their presence along the border between the United States and Mexico.

The company closes two production facilities in Edinburg, Texas, one that makes containers and another creates paper leaves. The paper factory will be converted into a warehouse.

While the company closes two production factories in Edinburg, it invests more money in a nearby facility in McCalal, Texas, as well as a cross -border factory in Renosa, Mexico.

“There are 117 affected jobs, however, the expansion of Mcallen will create 40 jobs every new hour to be filled.” “The company will help employees and customers through this transition.”

However, according to the law on the Law on the Amendment and Re -Targe them (Warn), the notice submitted on May 9 in Texas, Paper International will remove a total of 132 workers in Edinburg, as well as five McAllen employees.

The international paper did not immediately respond to a request from shipping waves to clarify about the number of employees being demobilized in Texas.

Memphis, Paper International Paper (NYSE: IP), based in Tennessee is an international provider of paper and packing solutions. It has more than 260 facilities in 30 countries and employ more than 65,000 workers.

The Renosa operation will move to a more modern and currently capable facility.

“The decision to stop operations in our Edinburg facilities while investing in McAllen and Reynosa allows us to focus our efforts, provide excellent customer experiences and maintain a competitive structure in the cost that we believe is to put us in profitable growth.”

Since October, Paper International has registered more than 2,500 employees and has closed a companion in Arizona, Illinois, Pennsylvania, Louisiana, South Carolina, North Carolina, Missouri, Tennessee and Texas.

During the first -quarter profit call with analysts on April 30, CEO of International Paper and Silvernail said that the demand for packaging and paper products has decreased throughout North America in recent months.

Silvernell said: “The demand for industry in North America decreased by 2 % in the first quarter, and based on the patterns of our request, we expect that the level of demand will continue in the second quarter,” Silvernell said.

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