KINGSEY FALLS, QC, May 2 /CNW Telbec/ - Cascades Inc. (TSX: CAS)
announces today the appointment of Luc Langevin as President and Chief
Operating Officer of the Cascades Specialty Products Group (SPG).
Since 1995, Luc has occupied management positions within the Cascades
Specialty Products Group. He was Plant Manager for two years and has
been General Manager for the past fourteen years. Until today, he was
the General Manager of SPG's Industrial Packaging sector which includes
ten plants that are specialized in honeycomb, papermill packaging and
Luc is a disciplined and rigorous manager who has demonstrated the
ability to meet expected results. As an active member of the Group's
management committee, he has great knowledge of SPG's environment and
its objectives. This appointment, which follows Mario Plourde's
nomination as COO of Cascades Inc., will ensure continuity towards the
achievement of our development plan.
Founded in 1964, Cascades produces, converts and markets packaging and
tissue products that are composed mainly of recycled fibres. The
Company employs close to 12,400 employees, who work in more than 100
units located in North America and Europe. Its management philosophy,
its more than 45 years of experience in recycling and its continued
efforts in research and development are strengths that enable Cascades
to create new products for its customers. Cascades' shares trade on the
Toronto Stock Exchange, under the ticker symbol CAS.
Certain statements in this release, including statements regarding
future results and performance, are forward-looking statements (as such
term is defined under the Private Securities Litigation Reform Act of
1995) based on current expectations. The accuracy of such statements is
subject to a number of risks, uncertainties and assumptions that may
cause actual results to differ materially from those projected,
including, but not limited to, the effect of general economic
conditions, decreases in demand for the Company's products, increases
in raw material costs, fluctuations in selling prices and adverse
changes in general market and industry conditions and other factors
listed in the Company's Securities and Exchange Commission filings.
SOURCE CASCADES INC.
For further information:
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Vice-President, Communications and Public Affairs
Director, Investor Relations
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Chief Operating Officer