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International Paper Celebrates the Groundbreaking of Greenfield Packaging Facility in Waterloo, Iowa

International Paper Celebrates the Groundbreaking of Greenfield Packaging Facility in Waterloo, Iowa

Published 8 hours ago

Submitted by International Paper Company

Outside International Paper building

MEMPHIS, Tenn., May 13, 2025 /CSRwire/ - International Paper (NYSE: IP; LSE: IPC), a global leader in sustainable packaging, is proud to announce the groundbreaking of its new state-of-the-art sustainable, packaging box plant in Waterloo, Iowa.

Located in the heart of the Midwest, the new facility will primarily focus on serving the protein segment, providing tailored packaging solutions and meeting the growing demand for high-quality, sustainable packaging.

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International Paper is building a new state-of-the-art corrugated box plant in Waterloo, Iowa.

“We are thrilled to break ground and invest in our company and the city of Waterloo,” said John Berry, Group Vice President, International Paper. “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.”

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Mayor Quentin Hart, City of Waterloo addresses the crowd at the IP Waterloo, Iowa groundbreaking ceremony on May 1, 2025.

The Waterloo box plant will feature cutting-edge technology and equipment, enabling International Paper to deliver innovative and sustainable packaging solutions. The plant’s design incorporates the latest safety practices and industry technology.

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Director Debi Durham of the Iowa Finance Authority and the Economic Development Authority speaks at the IP Waterloo, Iowa groundbreaking ceremony on May 1, 2025.

The new facility is currently scheduled to begin operations in the fourth quarter of 2026 and create an estimated 65 new jobs to the current facility with a total of 190 team members.

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About International Paper
International Paper (NYSE: IP; LSE: IPC) is the global leader in sustainable packaging solutions. With company headquarters in Memphis, Tennessee, USA, and EMEA (Europe, Middle East and Africa) headquarters in London, UK, we employ more than 65,000 team members and serve customers around the world with operations in more than 30 countries. Together with our customers, we make the world safer and more productive, one sustainable packaging solution at a time. Net sales for 2024 were $18.6 billion. In 2025, International Paper acquired DS Smith creating an industry leader focused on the attractive and growing North American and EMEA regions. Additional information can be found by visiting internationalpaper.com.

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Crowds gather to break ground on International Paper’s Largest Greenfield U.S. Box Plant soon to be built in Waterloo Iowa.

Media Contacts
Amy Simpson
amy.simpson@ipaper.com
+1 901-419-4964

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International Paper Company

International Paper Company

International Paper (NYSE: IP; LSE: IPC) is the global leader in sustainable packaging solutions. With company headquarters in Memphis, Tennessee, USA, and EMEA (Europe, Middle East and Africa) headquarters in London, UK, we employ more than 65,000 team members and serve customers around the world with operations in more than 30 countries. Together with our customers, we make the world safer and more productive, one sustainable packaging solution at a time. Net sales for 2024 were $18.6 billion. In 2025, International Paper acquired DS Smith creating an industry leader focused on the attractive and growing North American and EMEA regions. Additional information can be found by visiting internationalpaper.com

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