Wednesday, October 22nd10.2°C
23840
23129

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




Recent Trending




Today's Market
S&P TSX14312.07-235.64
S&P CDNX808.00-14.28
DJIA16461.32-153.49
Nasdaq4382.847-36.632
S&P 5001927.11-14.17
CDN Dollar0.8883-0.0012
Gold1242.50-3.00
Oil79.98-0.15
Lumber330.70+2.00
Natural Gas3.658-0.001

 
Okanagan Companies
Pacific Safety0.12+0.02
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.055-0.025
Anavex Life Sciences0.198+0.006
Metalex Ventures0.05+0.005
Russel Metals32.53-0.56
Copper Mountain Mining2.10-0.07
Colorado Resources0.145-0.005
ReliaBrand Inc0.013+0.001
Sunrise Resources Ltd0.05-0.01
Mission Ready Services0.405-0.055

 





FEATURED Property
20952245970 Victoria St
3 bedrooms 1 baths
$317,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_








Member of BC Press Council


22771