International Paper has been a fixture in Savannah for nearly a century, with four manufacturing facilities in the area, including its main mill on the Savannah River that’s operated since 1936. The Memphis-based company is shuttering its Georgia plants in an effort to reduce its containerboard (think cardboard boxes) capacity and will lay off some 1,100 workers. It will also impact the state’s forestry industry which supplied the mills with pine trees. SINKING…
Could Paramount be coming to Georgia?
Paramount Skydance, one of the biggest and most prominent entertainment companies in the world, is furious at its home state of California over a lawsuit filed by the state’s attorney general attempting to stop a merger. In response, Chair David Ellison has threatened to move from Los Angeles to a state not actively suing his company, and Georgia was on the shortlist of possibilities. Gov. Brian Kemp welcomed the speculation at a luncheon Monday (and took a jab at California Gov. Gavin Newsom), and while it’s a longshot the mere possibility of luring Paramount has Georgia RISING…
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