International Paper To Close Phila. Container Plant
Feb. 05, 1990
ALDAN, Pa. (AP) _ International Paper Co. said Monday it would close its Philadelphia-area container plant by April 6, affecting about 100 employees.
Benny R. Smith, general manager of IP's northern container division, said a review of plant operations made it ''clear that closing the Philadelphia plant was unavoidable due to the continued unprofitable nature of the operation.''
IP has other container plants in the Northeast that can serve the Philadelphia plant's customers, Smith said.
Smith said IP will provide job severance and job placement services to affected employees. The plant employs an average 70 hourly and 28 salaried workers, but a company announcement did not specify what services or transfer rights would be available to them.
A company spokesman did not immediately return a phone call seeking further details.
IP bought the plant, which makes corrugated containers, in 1958.