Cantonment, Florida, USA 30 October 2014 -- (NorthEscambia.com) -- International Paper has announced plans to reinvest more than $90 million over the next five years in their mill in Cantonment in order to increase energy efficiencies, support and enhance the work environment and strengthen its competitive position.

The Pensacola Containerboard Mill, located in Cantonment, employs more than 400 people.

The mill has been a foundation in the Greater Pensacola Region since 1941 and was acquired by IP in 2000. IP's Pensacola Mill - which is part of the company's industrial packaging group - produces lightweight containerboard and specialty fluff pulp. From Pensacola, the mill's containerboard products are sent to container facilities to create corrugated brown boxes.

The fluff pulp is distributed to customers for diapers and other hygiene products.