International Paper breaks ground on new $225 million Rankin facility

Mississippi continued its economic development winning streak Wednesday May 26, 2026, with the groundbreaking for International Paper’s (IP) $225 million packaging facility in Rankin County.

Workers at the company’s new 470,000 square-foot facility will utilize state-of-the-art innovation and lean-manufacturing technologies to produce corrugated packaging, company leaders said.

Governor Tate Reeves was on hand for the ceremony to mark the investment in Mississippi…

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