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International Paper to close Lake Wales plant

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International Paper plans to close its manufacturing plant in Lake Wales and will lay off 61 workers. The layoffs will take place between June 19 and July 2, according to a letter from the company to the state under the Worker Adjustment and Retraining Notification Act. The closing of the International Paper (NYSE: IP) container plant at 4025 Highway 60 West is expected to be permanent. About 50 of the employees are represented by unions.

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