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International Paper official: Company plans to sell off Temple's Diboll assets

International Paper official: Company plans to sell off Temple's Diboll assets
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Tuesday, February 14, 2012 - 5:17am

IP completes acquisition of Temple-Inland

The Lufkin Daily News is reporting; International Paper, Monday announced it had completed purchase of Temple-Inland, which employs close to 500 people at its Diboll facilities.

An IP official said the company plans to keep Temple-Inland’s Diboll facilities operating while it searches for “strategic options” for selling those assets.

To read more on this story, head to The Lufkin Daily News website: http://lufkindailynews.com/news/local/article_04177594-5656-11e1-b338-0019bb2963f4.html

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