International Paper Celebrates Groundbreaking of New Packaging Facility in Waterloo, Iowa
International Paper's New Sustainable Facility
On May 2, 2025, International Paper (NYSE: IP; LSE: IPC), renowned for its commitment to sustainable packaging, proudly announced the groundbreaking of a new state-of-the-art packaging plant in Waterloo, Iowa. This event marks a significant investment in both the company's operations and the local community, indicating a robust future in sustainable packaging solutions.
Location and Purpose
Nestled in the heart of the Midwest, this facility will primarily cater to the protein segment, providing customized packaging solutions. This strategic focus is in response to the rising demand for high-quality, sustainable packaging products in various industries.
John Berry, Group Vice President of International Paper, expressed his excitement, stating, "We are thrilled to break ground and invest in our company and the city of Waterloo. This facility represents our dedication to growing in markets where we want to compete, advancing our capabilities and ensuring our customers receive quality and reliable products. We look forward to our continued future in Waterloo and are very grateful to everyone who has made today possible."
Innovative Features
The new Waterloo box plant is designed with cutting-edge technology and innovative equipment, allowing International Paper to deliver forward-thinking packaging solutions. The design of the facility also emphasizes employee safety and incorporates the latest industry practices, reflecting the company's ongoing commitment to environmental sustainability and occupational health.
Scheduled for operational launch in the fourth quarter of 2026, this facility is expected to create approximately 65 new jobs, enhancing the local workforce to a total of 190 team members. This job creation will not only benefit the local economy but also support the development of skilled professionals in the sustainable packaging field.
International Paper's Vision
International Paper has long been a leading force in sustainable packaging solutions worldwide. With its headquarters located in Memphis, Tennessee, and regional offices in London, UK, the company employs over 65,000 individuals across more than 30 countries, emphasizing its global reach and commitment to sustainability on a worldwide scale. In its recent fiscal year, the company reported net sales of $18.6 billion, signifying its strong financial foundation and market stability.
The 2025 acquisition of DS Smith further enhances International Paper's position within the rapid growth opportunities present in the North America and EMEA regions. As the company moves forward, it remains dedicated to delivering top-tier sustainable packaging solutions in collaboration with its customers, aiming to create a safer and more productive world.
For additional insights and updates on the development of the new facility, more information can be found on the International Paper website.
In conclusion, International Paper's groundbreaking event in Waterloo, Iowa, marks not only a step forward for the company but also signifies a commitment to sustainability, community investment, and job creation, positioning it favorably in the competitive landscape of sustainable packaging solutions.