International Paper (IP) said Friday it is closing down its two facilities in Edinburg, Texas, as part of a move to consolidate its operations in the Rio Grande Valley.
The company said it will invest in its McAllen facility in Texas to increase capabilities, as well as shift its operations in Reynosa, Mexico, to a new facility being built at another site in the city.
International Paper said it aims to minimize the impact of the transition on affected employees through natural attrition, retirements, and open positions at its other facilities.
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