KINGSEY FALLS, QC, March 11 /CNW Telbec/ - Management of the Cascades
Specialty Products Group confirms that it has implemented an emergency plan to
compensate for the delays caused by the collapse of a roof section at its
printed papers converting centre located in Saint-Jérôme.
Until production can return to normal, the company has entrusted its
die-cutting operations to sub-contractors and is contacting its customers to
inform and reassure them of the proposed solutions to ensure their continued
We are happy to say that the damage did not affect our major inventories
of converted products which will allow us to continue serving our customers.
We are also very pleased that the damage did not cause any injuries and that
our manufacturing unit was not affected. Despite regular maintenance, the roof
was simply not able to hold up to recent weather conditions. Repairs are
estimated to take place over several weeks and are already underway.
Founded in 1964, Cascades produces, converts and markets packaging and
tissue products composed mainly of recycled fibres. Cascades employs close to
14,000 employees who work in more than 100 modern and flexible production
units located in North America and Europe. Cascades' management philosophy,
its more than 40 years of experience in recycling, its continued efforts in
research and development are strengths which enable the company to create new
products for its customers. The Cascades shares trade on the Toronto stock
exchange under the ticker symbol CAS.
For further information:
For further information: Media: Mr. Hubert Bolduc, Vice-President,
Communications and Public Affairs, Cascades Inc., (819) 363-5164; Source: Mr.
Gino Lévesque, General Manager, Cascades Specialty Products Group, Specialty
Papers, (450) 569-3964