Cascades closes its packaging plant in the US

Cascades, leader in the recovery and manufacturing of green packaging and tissue products, announces that it will close its packaging plant in Maspeth, New York, as part of the company’s modernization and optimization efforts in the Northeastern United States. The plant will be closed no later than December 31, 2018.

Charles Malo, President and Chief Operating Officer of Cascades Containerboard Packaging, commented:

“To support our future development and better serve our customers, we are announcing today that the Maspeth plant’s output will gradually be redeployed to our other facilities. This decision was necessary as the current site has reached its physical limits. This transition will be seamless for all of our customers. The property has already been put up for sale for USD 72 million.”

According the announcement, the plant currently employs 148 people. In order to help staff impacted by this closure, Cascades will assess the possibility of relocating interested employees to its other facilities.

Earlier Cascades announced an investment of USD 80 million for the construction of a new containerboard packaging plant in Piscataway, New Jersey, USA.

About Cascades:

The company is a North American leader in the recovery, manufacturing and converting of green packaging and tissue paper products. The products are composed mainly of recycled fibres. Cascades employs almost 11,000 people at more than 90 production units in North America and Europe.

Source: Woodbizforum