Cascades to invest $30 million in corrugated plant upgrades
Modernizing four Ontario plants and shutting down three facilities.
KINGSEY FALLS, Qué. – Leading Canadian paperboard and tissue products group Cascades Inc. says it will spend $30 million to modernize four Ontario-based corrugated plants operated by its Norampac division—while also shutting down three older facilities—as part of the company’s ongoing consolidation of its manufacturing assets.
The Kingsey Falls, Que.-headquartered Cascades says it will carry out a series of capital upgrades at the Norampac operations Vaughan, St. Mary’s, Etobicoke and Belleville, which will also absorb the extra production to be transferred from the mothballed Norampac facilities in North York (Toronto), Peterborough and Mississauga.
“The purpose of this restructuring is to optimize the productivity in our corrugated product plants in Ontario and enhance customer service,” explains Norampac president and chief executive officer Marc-André Dépin.
“These steps are in line with our regional development strategy, which includes the recent acquisition of three Bird Packaging plants,” says Dépin, adding the restructuring is part of its parent company’s ongoing drive to improve the group’s profitability in a fiercely competitive market through consolidation and equipment modernization.