Friday, May 22nd21.9°C
26383

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

25985


Recent Trending




Today's Market
S&P TSX15200.76-2.85
S&P CDNX703.48+2.97
DJIA18232.02-53.72
Nasdaq5089.36-1.43
S&P 5002126.06-4.76
CDN Dollar0.8142-0.0053
Gold1205.70+1.30
Oil57.45-1.98
Lumber273.30+3.70
Natural Gas2.885-0.064

 
Okanagan Companies
Pacific Safety0.13-0.01
Knighthawk0.010.00
QHR Technologies Inc1.48+0.03
Cantex0.03-0.01
Anavex Life Sciences0.425+0.053
Metalex Ventures0.09+0.01
Russel Metals25.79-0.03
Copper Mountain Mining1.38-0.03
Colorado Resources0.105+0.005
ReliaBrand Inc0.0048-0.0049
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.175-0.010
Decisive Dividend Corporation2.20+0.60

 



26401

FEATURED Property
22467253696 Granada Cres West Kelowna
$314,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Do or do not

Photo: Thinkstock.com“The optimist sees the rose and not its thorns; the pessimist stares at the thorns, oblivious of the rose.” - Kahlil Gibran Good planning is all about managing chan...


Penetrate the smokescreen

Photo: ContributedHas this ever happened to you? You’re in the middle of your second or third “good discussion” with a prospect. Everything’s going great. The prospect seems en...


Squaring the circle

Photo: Thinkstock.comI have been reading about market segmentation and choice. Howard Moskowitz’s research into tomato sauce as retold by Malcom Gladwell on the TED talks (http://www.ted.com/tal...

_





26112


Member of BC Press Council


25895