Memphis Working on Incentive Package to Keep International Paper:
International Paper is considered one of the world's largest paper producers and one of the city's biggest employers.
The company employs more than 2,000 people in Memphis, and there's a chance those jobs could be headed to Mississippi.
International Paper is looking to expand its operations and will need more space to do it.
Memphis city leaders say they're fighting to keep the company from relocating to Mississippi. IP reportedly wants a 30 year tax break if it builds a new building in the bluff city, so the city is said to be preparing an incentive package attractive enough to get IP to stay.
