Item 16. FORM 10-K SUMMARY.
17K characters. Original on sec.gov ·
Item 16. FORM 10-K SUMMARY.
None.
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
INTERNATIONAL PAPER COMPANY
| By: | /S/ JOSEPH R. SAAB | February 21, 2025 | |||||||||
| Joseph R. Saab | |||||||||||
| Senior Vice President, General Counsel and Corporate Secretary |
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Timothy S. Nicholls, Joseph R. Saab and Amanda M. Jenkins as his or her true and lawful attorney-in-fact and agent, acting alone, with full power of substitution and resubstitution for him or her and in his or her name, place and stead, in any and all capacities, to sign any or all amendments to this annual report on Form 10-K, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact full power and authority to do and perform each and every act and thing requisite or necessary to be done, hereby ratifying and confirming all that said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:
| Signature | Title | Date | ||||||||||||
| /S/ ANDREW K. SILVERNAIL | Chairman of the Board & Chief Executive Officer and Director | February 21, 2025 | ||||||||||||
| Andrew K. Silvernail | ||||||||||||||
| /S/ JAMIE A. BEGGS | Director | February 21, 2025 | ||||||||||||
| Jamie A. Beggs | ||||||||||||||
| /S/ CHRISTOPHER M. CONNOR | Director | February 21, 2025 | ||||||||||||
| Christopher M. Connor | ||||||||||||||
| /S/ AHMET C. DORDUNCU | Director | February 21, 2025 | ||||||||||||
| Ahmet C. Dorduncu | ||||||||||||||
| /S/ ANDERS GUSTAFSSON | Director | February 21, 2025 | ||||||||||||
| Anders Gustafsson | ||||||||||||||
| /S/ JACQUELINE C. HINMAN | Director | February 21, 2025 | ||||||||||||
| Jacqueline C. Hinman |
| /s/ CLINTON A. LEWIS, JR. | Director | February 21, 2025 | ||||||||||||
| Clinton A. Lewis, Jr. | ||||||||||||||
| /S/ DAVID A. ROBBIE | Director | February 21, 2025 | ||||||||||||
| David A. Robbie | ||||||||||||||
| /s/ KATHRYN D. SULLIVAN | Director | February 21, 2025 | ||||||||||||
| Kathryn D. Sullivan | ||||||||||||||
| /s/ SCOTT A. TOZIER | Director | February 21, 2025 | ||||||||||||
| Scott A. Tozier | ||||||||||||||
| /s/ ANTON V. VINCENT | Director | February 21, 2025 | ||||||||||||
| Anton V. Vincent | ||||||||||||||
| /S/ TIMOTHY S. NICHOLLS | Senior Vice President and Chief Financial Officer | February 21, 2025 | ||||||||||||
| Timothy S. Nicholls | ||||||||||||||
| /S/ HOLLY G. GOUGHNOUR | Vice President – Finance and Corporate Controller | February 21, 2025 | ||||||||||||
| Holly G. Goughnour |
2024 LISTING OF FACILITIES
(all facilities are owned except noted otherwise)
| INDUSTRIAL PACKAGING | Modesto, California | Fridley, Minnesota | ||||||||||||
| Ontario, California | Minneapolis, Minnesota leased | |||||||||||||
| Containerboard | Salinas, California | Shakopee, Minnesota | ||||||||||||
| U.S.: | Sanger, California | White Bear Lake, Minnesota | ||||||||||||
| Pine Hill, Alabama | Santa Fe Springs, California (2 locations) | Houston, Mississippi | ||||||||||||
| Prattville, Alabama | Tracy, California | Jackson, Mississippi | ||||||||||||
| Selma, Alabama (Riverdale Mill) | Golden, Colorado | Magnolia, Mississippi leased | ||||||||||||
| Cantonment, Florida (Pensacola Mill) | Wheat Ridge, Colorado | Olive Branch, Mississippi | ||||||||||||
| Rome, Georgia | Putnam, Connecticut | Fenton, Missouri | ||||||||||||
| Savannah, Georgia | Orlando, Florida | Kansas City, Missouri (2 locations) (2) | ||||||||||||
| Cayuga, Indiana | Plant City, Florida | Maryland Heights, Missouri | ||||||||||||
| Cedar Rapids, Iowa | Tampa, Florida leased | North Kansas City, Missouri leased | ||||||||||||
| Henderson, Kentucky | Columbus, Georgia | St. Joseph, Missouri | ||||||||||||
| Maysville, Kentucky | Forest Park, Georgia | St. Louis, Missouri | ||||||||||||
| Bogalusa, Louisiana | Griffin, Georgia | Omaha, Nebraska | ||||||||||||
| Campti, Louisiana | Lithonia, Georgia | McCarran, Nevada | ||||||||||||
| Mansfield, Louisiana | Savannah, Georgia | Barrington, New Jersey | ||||||||||||
| Vicksburg, Mississippi | Tucker, Georgia | Bellmawr, New Jersey | ||||||||||||
| Valliant, Oklahoma | Aurora, Illinois (3 locations) 1 leased | Milltown, New Jersey leased | ||||||||||||
| Springfield, Oregon | Bedford Park, Illinois | Spotswood, New Jersey | ||||||||||||
| Belleville, Illinois | Thorofare, New Jersey | |||||||||||||
| Carol Stream, Illinois | Binghamton, New York | |||||||||||||
| International: | Des Plaines, Illinois | Buffalo, New York | ||||||||||||
| Veracruz, Mexico | Lincoln, Illinois | Rochester, New York | ||||||||||||
| Kenitra, Morocco | Montgomery, Illinois | Scotia, New York | ||||||||||||
| Madrid, Spain | Northlake, Illinois | Utica, New York | ||||||||||||
| Rockford, Illinois (1) | Charlotte, North Carolina (2 locations) 1 leased | |||||||||||||
| Corrugated Packaging | Butler, Indiana | Lumberton, North Carolina | ||||||||||||
| U.S.: | Crawfordsville, Indiana | Manson, North Carolina | ||||||||||||
| Bay Minette, Alabama | Fort Wayne, Indiana | Newton, North Carolina | ||||||||||||
| Decatur, Alabama | Indianapolis, Indiana (3 locations) | Statesville, North Carolina (1) | ||||||||||||
| Dothan, Alabama leased | Saint Anthony, Indiana | Byesville, Ohio | ||||||||||||
| Huntsville, Alabama | Tipton, Indiana | Delaware, Ohio | ||||||||||||
| Conway, Arkansas | Cedar Rapids, Iowa | Eaton, Ohio | ||||||||||||
| Fort Smith, Arkansas (2 locations) | Waterloo, Iowa | Madison, Ohio | ||||||||||||
| Russellville, Arkansas (2 locations) | Garden City, Kansas | Marion, Ohio | ||||||||||||
| Tolleson, Arizona | Bowling Green, Kentucky | Marysville, Ohio leased | ||||||||||||
| Yuma, Arizona | Lexington, Kentucky | Middletown, Ohio | ||||||||||||
| Anaheim, California | Louisville, Kentucky | Mt. Vernon, Ohio | ||||||||||||
| Buena Park, California leased | Walton, Kentucky | Newark, Ohio | ||||||||||||
| Camarillo, California | Bogalusa, Louisiana | Streetsboro, Ohio | ||||||||||||
| Carson, California | Lafayette, Louisiana | Wooster, Ohio | ||||||||||||
| Cerritos, California leased | Shreveport, Louisiana | Oklahoma City, Oklahoma | ||||||||||||
| Compton, California | Springhill, Louisiana | Beaverton, Oregon | ||||||||||||
| Elk Grove, California | Auburn, Maine | Hillsboro, Oregon | ||||||||||||
| Exeter, California | Three Rivers, Michigan | Portland, Oregon | ||||||||||||
| Gilroy, California (2 locations) | Arden Hills, Minnesota | Salem, Oregon leased | ||||||||||||
| Los Angeles, California | Austin, Minnesota | Atglen, Pennsylvania |
A-1
| Biglerville, Pennsylvania (2 locations) | Puebla, Mexico leased | Bags | ||||||||||||
| Eighty-four, Pennsylvania | Reynosa, Mexico | U.S.: | ||||||||||||
| Hazleton, Pennsylvania | San Jose Iturbide, Mexico | Buena Park, California | ||||||||||||
| Kennett Square, Pennsylvania | Santa Catarina, Mexico | Beaverton, Oregon | ||||||||||||
| Lancaster, Pennsylvania | Silao, Mexico | Grand Prairie, Texas | ||||||||||||
| Mount Carmel, Pennsylvania | Toluca, Mexico | |||||||||||||
| Georgetown, South Carolina | Zapopan, Mexico | GLOBAL CELLULOSE FIBERS | ||||||||||||
| Laurens, South Carolina | Agadir, Morocco | |||||||||||||
| Lexington, South Carolina | Casablanca, Morocco | Pulp | ||||||||||||
| Ashland City, Tennessee leased | Tangier, Morocco | U.S.: | ||||||||||||
| Cleveland, Tennessee (1) | Ovar, Portugal | Flint River, Georgia | ||||||||||||
| Elizabethton, Tennessee leased | Barcelona, Spain | Port Wentworth, Georgia | ||||||||||||
| Morristown, Tennessee | Bilbao, Spain | Columbus, Mississippi (2 locations) | ||||||||||||
| Murfreesboro, Tennessee | Gandia, Spain | New Bern, North Carolina | ||||||||||||
| Amarillo, Texas | Grinon, Spain | Riegelwood, North Carolina | ||||||||||||
| Carrollton, Texas (2 locations) | Las Palmas, Spain | Georgetown, South Carolina (1) | ||||||||||||
| Edinburg, Texas | Madrid, Spain | Franklin, Virginia | ||||||||||||
| El Paso, Texas | Montblanc, Spain | |||||||||||||
| Ft. Worth, Texas leased | Tavernes de la Valldigna, Spain | |||||||||||||
| Grand Prairie, Texas | Tenerife, Spain | International: | ||||||||||||
| Hidalgo, Texas | Valls, Spain | Grande Prairie, Alberta, Canada | ||||||||||||
| McAllen, Texas | Gdansk, Poland | |||||||||||||
| San Antonio, Texas (2 locations) (3) | Recycling | |||||||||||||
| Sealy, Texas | U.S.: | DISTRIBUTION | ||||||||||||
| Waxahachie, Texas | Phoenix, Arizona | |||||||||||||
| Lynchburg, Virginia | Fremont, California | International: | ||||||||||||
| Petersburg, Virginia | Norwalk, California | Guangzhou, China leased | ||||||||||||
| Richmond, Virginia | West Sacramento, California | Hong Kong, China leased | ||||||||||||
| Moses Lake, Washington | Itasca, Illinois | Shanghai, China leased | ||||||||||||
| Olympia, Washington | Des Moines, Iowa | Japan leased | ||||||||||||
| Yakima, Washington | Wichita, Kansas | Korea leased | ||||||||||||
| Fond du Lac, Wisconsin | Roseville, Minnesota | Singapore leased | ||||||||||||
| Manitowoc, Wisconsin | Omaha, Nebraska | |||||||||||||
| Charlotte, North Carolina | ||||||||||||||
| International: | Beaverton, Oregon | |||||||||||||
| Rancagua, Chile | Springfield, Oregon leased | 1) Closed December 2024 | ||||||||||||
| Cabourg, France | Carrollton, Texas | 2) Closed one location December 2024 | ||||||||||||
| Chalon, France | Salt Lake City, Utah | 3) Closed one location November 2024 | ||||||||||||
| Espaly, France | Richmond, Virginia | 4) Closed March 2024 | ||||||||||||
| Mortagne, France | Kent, Washington | |||||||||||||
| Saint Amand, France | ||||||||||||||
| Bellusco, Italy | International: | |||||||||||||
| Catania, Italy | Monterrey, Mexico leased | |||||||||||||
| Pomezia, Italy | Xalapa, Veracruz, Mexico leased | |||||||||||||
| San Felice, Italy | ||||||||||||||
| Apodaco, Mexico leased | ||||||||||||||
| Ixtaczoquitlan, Mexico (4) | ||||||||||||||
| Juarez, Mexico leased (2 locations) | ||||||||||||||
| Los Mochis, Mexico | ||||||||||||||
A-2
2024 CAPACITY INFORMATION
| (in thousands of short tons except as noted) | U.S. | EMEA | Americas, other than U.S. | Total | |||||||||||||||||||
| Industrial Packaging | |||||||||||||||||||||||
| Containerboard (a) | 12,984 | 560 | 27 | 13,571 | |||||||||||||||||||
| Global Cellulose Fibers | |||||||||||||||||||||||
| Dried Pulp (in thousands of metric tons) | 2,341 | — | 384 | 2,725 |
(a) In addition to Containerboard, this also includes saturated kraft, kraft bag and gypsum. 2024 U.S capacity includes Campti, Louisiana mill, which will be permanently closed in 2025.
A-3
Previous: Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.