Is Louisville Plant Closure And Job Cuts Altering The Investment Case For International Paper (IP)?
International Paper (IP) has closed its Louisville facility, resulting in 93 job cuts, as part of its broader manufacturing footprint optimization efforts. This closure aligns with the company's strategy to transform into a more efficient, higher-margin packaging business but raises questions about execution risks and potential earnings dilution from complex restructuring. Investors are evaluating whether these actions will ultimately support the projected 23% upside to its current price, with revenue and earnings targets set for 2028.
https://simplywall.st/stocks/us/materials/nyse-ip/international-paper/news/is-louisville-plant-closure-and-job-cuts-altering-the-invest