International Paper has announced the closure of its Savannah and Riceboro facilities in Georgia alongside a deal to sell its Fibers business for $1.5 billion. Multiple outlets covered this major move, marking a turning point in the company’s operations and strategic direction.

In a strategic move, Western Smokehouse is once again under the ownership of its former majority stakeholder, Monogram. This reacquisition marks a significant shift in the business landscape for both companies.