Friday, November 28th4.4°C
24124
23372

Cascades to start new U.S. plant to make tissue, paper towels, napkins

CHARLOTTE, - Quebec-based Cascades Inc. (TSX:CAS) is installing a new tissue converting operation in Wagram, N.C., about 160 kilometres east of Charlotte.

The new plant will produce bathroom tissue, kitchen paper towels, paper napkins and hand towels.

Suzanne Blanchet, outgoing president and chief executive of Cascades Tissue Group, said the company is expanding its presence in the U.S. Southeast.

"In doing so, we are moving closer to many key markets, and improving our productivity and logistics while enhancing customer service," she said in a statement.

Blanchet is leaving the tissue group to become senior vice-president of corporate development for the whole company.

The US$55-million project is expected to start operation by the end of the year.

Based in Kingsey Falls, Que., Cascades is one of North America's largest manufacturers of tissue paper.

The Canadian Press


Read more Business News

24053


Recent Trending




Today's Market
S&P TSX14835.16-87.28
S&P CDNX746.38-9.02
DJIA17877.5349.78
Nasdaq4809.924+22.607
S&P 5002073.30+0.47
CDN Dollar0.8749-0.0068
Gold1181.50-15.10
Oil69.30-4.39
Lumber327.30-0.70
Natural Gas4.295+0.144

 
Okanagan Companies
Pacific Safety0.15-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.30-0.04
Cantex0.04-0.005
Anavex Life Sciences0.20+0.029
Metalex Ventures0.04+0.005
Russel Metals30.12-0.58
Copper Mountain Mining2.00-0.12
Colorado Resources0.13+0.01
ReliaBrand Inc0.0134-0.0001
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.30-0.02

 
24130


22970

FEATURED Property
2140714350 - 1045 Sutherland Avenue
1 bedrooms 1 baths
$149,500
more details
image2image2image2
Click here to feature your property
Please wait... loading


Don't stop dreaming!

On Wednesday evening I drove through the Bow Valley in Alberta. It is my old home town... the first place Jackie and I moved to in 1988 when we emigrated. We ended up setting up home there and living...


Second marriage issues

It is not unusual that one or both of the parties planning to marry are approaching marriage for the second time. There are pluses and minuses to this new situation. On the plus side, individuals ente...


The last great Canadian tax shelter

A guide to how flow-through fund limited partnerships can mightily aid your tax planning!The end of the year will raise concerns among many professionals, self-employed persons, business owners and ev...

_



24160

24220


Member of BC Press Council


23646