An unexpected blow struck the Georgetown community in South Carolina on the morning of October 31, 2024. International Paper announced that it would be closing its local mill by the end of the year, affecting hundreds of employees just before the holiday season.
This closure leaves a significant economic gap for the area, which is home to approximately 65,000 residents. International Paper, founded in 1898, has been a staple of the region for decades. The Georgetown mill, built in 1936, was once the largest kraft paper mill in the world and has played a vital role in supporting the local economy over many years.
According to a company statement, the closure will occur in stages, with full shutdown expected by the end of this year. This decision follows the end of a contract with one of its clients, Sylvamo, set to take effect on December 31, 2024. Additionally, the mill’s capacity for producing fluff pulp—a crucial component used in products like diapers and sanitary items—is being transferred to other facilities.
Notices have been given to about 674 employees, including 526 hourly workers and 148 salaried staff. However, the impact of the closure could reach even further, affecting local loggers, truckers, and various businesses that rely on the mill’s operations.
The mill manager, Bernie Chascin, expressed deep regret about the decision and its impact on families and the broader community. Many local residents shared their distress on social media.
A Georgetown resident, Amanda Rae Hartley, voiced her concerns, saying, “I have no clue how we are going to survive without hubby’s job. This town is going to die.” Others echoed similar sentiments, noting the broader ramifications on local businesses and the harsh impact on workers, stating, “The closing of the Georgetown Paper mill is a hard blow to our town.”
In response to the news, county officials described it as “devastating,” highlighting the long-standing role of International Paper in the community. They pledged to meet with the company and local stakeholders to explore new job opportunities and strategies for supporting affected residents.
While the community grapples with the implications, International Paper’s stock rose significantly following the announcement, climbing over 13% in early trading.
This remains an evolving situation, and updates will be provided as more information becomes available.
