Cascades Announces Step in the Strategic Repositioning of its Ontario Containerboard Packaging Operations

Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue products, announces that it will close its Etobicoke, Ontario Containerboard packaging facility as part of the strategic repositioning of its Containerboard platform in Ontario and the Corporation’s continuing global optimization initiatives.

“An integral part of our strategic plan is to optimize our operational platform in Ontario. As a result, we will be gradually redeploying production from the Etobicoke facility to our other units within the region. This decision will reinforce our operational positioning for mid and long-term success by better aligning present production capacities, improving productivity, reducing fixed costs and further strengthening our service offering for our valued customers,” said Charles Malo, President and Chief Operating Officer of Cascades Containerboard Packaging.

Cascades’ Etobicoke Containerboard Packaging operations will permanently close no later than August 31, 2021, and the property will be put up for sale. Over the coming weeks and months, Cascades will work to minimize the impact of this announcement on the 125 employees related to this facility.

It is important to note that this announcement has no impact on the activities of our Cascades Recovery+ facility and offices that are also located in Etobicoke.

Cascades would like to thank its employees for their dedication and loyal service and will continue to count on them for the orderly transition of our existing business to our other plants.
https://www.cascades.com/en/news/cascades-announces-step-strategic-repositioning-its-ontario-containerboard-packaging

Related Posts

Food packaging plays an essential role in the functioning of modern food systems

Huhtamaki welcomes the development of an EU contingency plan to support Europe’s food system in times of crisis and calls for the essential role of food packaging to be fully incorporated into the plan. The EU food supply and food security contingency plan builds on lessons learned from the COVID-19 pandemic and is an important component of the European Green Deal and the EU’s Farm to Fork strategy. The availability of food, access to food, stability and utilization of food are key components of food security. Food packaging plays a key role in delivering these. It is critical to the effective functioning of modern food systems, which rely on packaging to store and transport food, while keeping safe from spoilage and disease.

Sealed Air to Acquire Asian Specialty Foam Business

Sealed Air Corporation announced the acquisition of Fagerdala Singapore Pte Ltd., a manufacturer and fabricator of polyethylene foam. Sealed Air will acquire 100 percent of Fagerdala shares for approximately $100 million in cash. The sale is expected to close in October of 2017. Fagerdala, established in 1983 with headquarters in Singapore, has 14 manufacturing facilities, employs more than 1,300 people in China, Thailand, Singapore, Malaysia, Mexico and the United States, and generated $80 million in sales in 2016. Sealed Air plans to leverage Fagerdala’s manufacturing footprint in Asia, expertise in foam manufacturing and fabrication, and commercial organization to grow sales in the consumer electronics, medical equipment and devices, automotive, temperature assurance, and e-commerce fulfillment sectors. Click Read More below for additional detail.

DS Smith installs state-of-the-art Nozomi 14000 AQ single-pass water-based printer

The new printing technology has been installed at our Torrelavit packaging facility in Spain and pioneered by Electronics for Imaging (EFI). The single-pass Nozomi 14000 AQ is designed to create high-resolution printing with water-based ink. The new printer is set up to print directly onto corrugated cardboard using specific ink quantities for each production. It is one of the most advanced high-speed printing solutions in the marketplace and at 1.4 metres wide is providing DS Smith customers in the Iberian region with reduced lead times and less waste, in contrast to analogue production techniques. In addition, the newly installed printer will allow DS Smith customers to create multiple design versions and variations in a single production run without compromising on the quality of their final sustainable packaging products and solutions.
Back To Top
×Close search
Search