July 28, 2020 By PrintAction Staff
Cascades Inc., a corporation that recovers and manufactures green packaging and tissue products, has announced that it will close its Etobicoke, Ont. containerboard packaging facility as part of a strategic repositioning of its containerboard platform in the province 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 CEO of Cascades Containerboard Packaging.
The Etobicoke containerboard packaging facility will permanently close no later than Aug. 31, 2021, and the property will be put up for sale. The coming weeks and months will see Cascades working to minimize the impact of this announcement on the 125 employees working out of this facility. This facility’s existing business will be transitioned to the company’s other plants.
Cascades notes that this announcement has no impact on the activities of its Recovery+ facility and offices that are also located in Etobicoke.
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