TRUMP EFFECT IS STARTING – INTERNATIONAL PAPER CLOSES 2 PLANTS NEAR SAVANNAH
For 88 years the Savannah Mill created 1,100 Jobs in a paper mill that even today operates at a profit. But tariffs have rattled the world wide paper market. The Mayor of Savanna said this – ” I am 
devastated and disappointed to learn of International Paper’s decision to close its Savannah Mill after 88 years.” The company has just sold a division called Global Cellulose Fibers business for $1.5 Billion. So it is not a cash flow issue. Economists are saying get ready for more of this – goods from other nations needed to keep manufacturing going in America are being squeezed. This is leading to factories shutting down. If the tariffs are not rescinded soon this Christmas could be mostly empty shelves and online “out of stock.” You can add this bankruptcy to the long list of them so far in 2025 that includes Car Toys ( Aug 18 – 46 retail locations ) Marelli Holdings (June 2025) Hypertech (April 2025). With tariffs now going into full effect many companies are staring at the edge of solvency.
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