International Paper Announces Closure of its Courtland, Ala. Paper Mill

Permanent Closure to Reduce IP’s North American Uncoated Freesheet Production Capacity

MEMPHIS, Tenn., Sept. 11, 2013 /PRNewswire/ — International Paper (NYSE: IP) today announced plans to permanently close its Courtland, Ala. Mill, a facility that is part of the company’s Printing and Communications Papers Business.
The mill will shut down in stages with a full closure expected to be complete by the end of the first quarter of 2014.  This mill closure will reduce IP’s North American uncoated and coated freesheet paper production capacity by 950,000 tons, of which 765,000 is uncoated freesheet.