STOCK TITAN

International Paper Supports Alabama Communities After Deadly Storms

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Negative)
Tags
Rhea-AI Summary

International Paper is responding to significant damage caused by recent storms in Alabama, particularly affecting its Prattville and Riverdale Containerboard Mills. Over 50 employees at the Riverdale Mill reported varying degrees of home damage. The company is providing essential disaster relief such as tarps, water, and hygiene kits. Additionally, International Paper is donating $100,000 to aid disaster relief efforts, supporting both its employees and local organizations like the United Way. This initiative underscores the company’s commitment to its workforce and community, reflecting its values during challenging times.

Positive
  • International Paper donated $100,000 for disaster relief efforts in Alabama.
  • Support for employees through the Employee Relief Fund program.
  • Provision of essential supplies to affected employees and local communities.
Negative
  • Over 50 employees at the Riverdale Mill reported home damage, including total loss for some.
  • Damage reported at the Prattville Mill affecting about a dozen employees.

NORTHAMPTON, MA / ACCESSWIRE / January 24, 2023 / Employees at International Paper's Prattville and Riverdale (Selma), Ala. Containerboard Mills were hit hard, and are now working to support one another as they rebuild their community.

At our Riverdale Mill in Selma, more than 50 IP team members have confirmed some level of damage to their homes, ranging from broken windows to total destruction. The teams there are working to issue tarps and cases of water as well as IP disaster relief boxes with necessities like soap, toothbrushes, gloves, etc. At our Prattville Mill, about a dozen team members reported damage to their homes, including at least three that are at a total loss. The close-knit community is grieving after a rural area in the county was completely devastated.

On behalf of our team members impacted, International Paper is donating $100,000 to support disaster relief efforts in Alabama. In addition to direct support to our employees impacted through our Employee Relief Fund (ERF) program, International Paper is providing support to United Way of Selma and Dallas County and River Region United Way who are providing critical disaster relief assistance in the Dallas County and Autauga County communities.

"The generous spirit of our IP family is in constant motion, and during disasters like this, we hold true to our company's vision by helping our employees and communities how and where we can," said Russell Harris, International Paper's Vice President, Containerboard Manufacturing.

International Paper is proud to support our team members in a time of need and to be a force for good in the communities where our employees live and work.

About International Paper
International Paper (NYSE:IP) is a leading global supplier of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2021 were $19.4 billion.

###

Contacts:

Media: Amy Simpson, 901-419-4964
Investors: Mark Nellessen, 901-419-1731 and Michele Vargas, 901-419-7287.

View additional multimedia and more ESG storytelling from International Paper Company on 3blmedia.com.

Contact Info:
Spokesperson: International Paper Company
Website: https://www.3blmedia.com/profiles/international-paper-company
Email: info@3blmedia.com

SOURCE: International Paper Company



View source version on accesswire.com:
https://www.accesswire.com/736541/International-Paper-Supports-Alabama-Communities-After-Deadly-Storms

FAQ

What recent events affected International Paper (IP) employees in Alabama?

Recent storms caused significant damage to homes of International Paper employees at the Prattville and Riverdale Containerboard Mills.

How much is International Paper donating for disaster relief in Alabama?

International Paper is donating $100,000 to support disaster relief efforts in Alabama.

What kind of support is International Paper providing to employees affected by the storms?

International Paper is providing essential supplies such as water, tarps, and hygiene kits to employees impacted by the storms.

Which organizations is International Paper supporting in Alabama?

International Paper is supporting the United Way of Selma and Dallas County, as well as River Region United Way, for disaster relief assistance.

What is the extent of the damage reported by International Paper employees in Alabama?

More than 50 employees reported damage to their homes, with some experiencing total loss.

International Paper Co.

NYSE:IP

IP Rankings

IP Latest News

IP Stock Data

20.12B
347.38M
0.43%
98.75%
12.33%
Packaging & Containers
Paper Mills
Link
United States of America
MEMPHIS