KINGSEY FALLS, QC, April 20 /CNW Telbec/ - Mr. Alain Lemaire, President
and Chief Executive Officer, and Mr. Mario Plourde, Chief Operating
Officer, today inaugurated a new machine used in the manufacturing of
moulded pulp products at its Cascades Forma-Pak plant. These
improvements required the investment of over $3.5 million.
Started in 2010, the work has led to the introduction of a new machine
as well as the automation of existing equipment. A project to secure
the machines was also implemented to improve employee safety. Mario
Plourde explains, "Located in the heart of the city of Kingsey Falls,
the plant is limited in terms of space. Rather than expand, we've
completely redesigned it to accommodate more equipment and increase its
These changes will increase the plant's production capacity by 40%.
Significant gains in product quality have also been achieved,
particularly with respect to finishing and packaging. As such,
automation will allow for increased packaging rigidity and, as a
result, will maximize delivery including up to 20% more products on
Cascades Forma-Pak manufactures 100% recycled moulded pulp products
using old newspapers and telephone directories as raw material. The
plant specializes in egg filler flats as well as cup carriers used for
the transport of beverages for quick service restaurants. "It was time
to modernize this plant which manufactures environmentally-friendly
food packaging solutions. Since moulded pulp material is fully
recycled and recyclable, we believe that it is a product with a future,
especially with a packaging industry that increasingly demands more
responsible solutions," said Mr. Plourde.
Cascades Specialty Products Group is a leader in Industrial Packaging,
Consumer Product Packaging, Specialty Papers, Recovery and Recycling.
The Group has 48 business units located in North America and Europe and
employs over 2500 people. With its experience in recycling and
continued efforts in research and development, Cascades' philosophy is
to provide environmental and innovative solutions to its customers.
Founded in 1964, Cascades produces, converts and markets packaging and
tissue products composed mainly of recycled fibres. Cascades employs
close to 12,500 employees who work in more than 100 production units
located in North America and Europe. Cascades' management philosophy,
its more than 45 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.
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.
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