Cascades announces construction of a new packaging plant in New Jersey
$80-million construction of containerboard plant to help create 120 jobs in the area.
August 3, 2017
by Canadian Packaging staff
KINGSEY FALLS, Que.—Cascades Inc., the leader in recuperation of recyclable materials and in manufacturing of green packaging products and tissue paper, has invested US$80 million (~CDN $100.55 million) in the construction of a new containerboard packaging plant in Piscataway, New Jersey, U.S.
This new plant, which will create 120 jobs, will manufacture corrugated packaging products and will be among the most modern of its kind in North America. It will begin operations in the second quarter of 2018. Once all equipment is installed, total annual production capacity will be 2.4 billion square feet. Ultimately, this represents an increase in the integration rate of approximately 5 percent. The facilities will have a surface area of more than 400,000 square feet.
“The investment announced today, which is already included in our capital expenditure budget, is part of the deployment of our strategic plan that aims specifically to modernize our assets and increase the integration rate between our primary production and conversion activities. It is also part of our continuing process to reorganize and consolidate our containerboard and packaging activities in the northeastern United States. This investment will help us better serve our customers and boost our production capacity, thus increasing our market positioning,” states Cascades president and chief executive officer Mario Plourde.
“The Piscataway conversion plant will have state-of-the-art technology and will be among the fastest in the industry. It will offer increased flexibility and allow us to provide more efficient and innovative products to meet our customers’ needs. Located close to the major urban centers along the eastern seaboard of the United States, the site was also chosen because it has room for subsequent development. This important investment strengthens our position and continues our growth,” comments Cascades Containerboard Packaging president and chief operating officer Charles Malo.
Founded in 1964, Cascades produces, converts and markets packaging and tissue products that are composed mainly of recycled fibers. The company employs 11,000 people who work in close-to 90 production units in North America and Europe. Company information available at www.cascades.com.
Image above purchased via www.thinkstock.com.