Board Converting News, March 30, 2026

International Paper To Build $225M Box Plant In Mississippi

ployees at the existing Richland facility will transition to the new plant upon completion. “This investment supports our strategy to optimize our box plant system and focus capital where it drives the greatest return,” said Keith Townsend, group vice presi- dent and general manager, IP North America Packaging Solutions East. “By modernizing our footprint in Missis- sippi, we are strengthening our service model and ability to provide customers with the highest quality sustainable packaging solutions.” “This is another big win for Mississippi. Internation- al Paper’s $225 million investment in Rankin County is more proof that Mississippi’s momentum is real and grow- ing stronger every day,” said Mississippi Governor Tate Reeves. “We’re seeing historic levels of capital investment because companies know Mississippi is a state where businesses can succeed. This project will create new op- portunities for Mississippians and continue our state’s re- cord-breaking economic development success.” Noel Daniels, Chairman, Rankin First Economic Devel- opment Authority, welcomed the announcement, stating, “For years, Rankin First and our partners have strategical- ly developed the East Metro Center to attract world-class companies, seeing a global leader like International Paper choose this site validates that vision. This sophisticated operation doesn’t just create and retain jobs, it solidifies Rankin County’s position as the premier hub for industrial innovation in Mississippi and the Southeast.”

International Paper (IP) has announced plans to construct a new 468,000-square-foot sustainable packaging facility in Rankin County, Mississippi. The new build will replace a nearby aging facility. It also aligns with IP’s plan for $1.9 billion in annual capital spending, especially to reconfigure its box plant network. Following a comprehensive review of its manufac- turing footprint, International Paper’s Board of Directors approved both the exploration and advancement of this $225 million greenfield project in central Mississippi. The facility is planned to be built on an 80-acre site in Brandon, Mississippi, less than 10 miles from the company’s existing Richland (Jackson) box plant. The new plant is designed to strengthen International Paper’s cost position, improve reliability and product qual- ity, and enhance service capabilities across the Mid-South region. By replacing older infrastructure with a modern, highly efficient facility, the investment should reduce struc- tural costs and support growth in key market segments. The modern design and updated equipment should pro- vide the latest innovations in safety and efficiency for em- ployees. Construction is expected to begin in June 2026, with operations anticipated in the fourth quarter of 2027. Em-

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8 March 30, 2026

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