Cascades spends $6.9M to boost Kingsey Falls capacity

Executive Summary

• Cascades Inc. has invested $6.9 million in its Kingsey Falls uncoated recycled boxboard manufacturing plant (Papier Kingsey Falls) to increase production capacity and improve product quality.
• The investment involves the installation of new equipment since last September to enhance sheet quality control, specifically targeting surface finish and printing requirements for the food packaging industry.
• The project aims to strengthen Cascades' market position, drive growth, and ensure long-term competitiveness in the industrial and food packaging sectors.

Key Details

• Investment Amount: $6.9 million.
• Facility: Kingsey Falls uncoated recycled boxboard manufacturing plant (Papier Kingsey Falls).
• Purpose of Investment: To increase equipment production capacity and improve product quality.
• Specific Improvements: Installation of several new pieces of equipment to improve sheet quality control, enhancing properties such as surface finish and printing capabilities to meet food packaging industry needs.
• Strategic Impact: Strengthening Cascades' position in the food packaging market, driving growth, and ensuring long-term competitiveness.
• Facility Background: Commissioned in 1972, serving industrial and food packaging markets.
• Employment: The plant employs 68 people and is noted as one of the region's top employers.

Notable Quotes

• "This project will enable us to increase our capacity and remain a valued partner for our customers," said Hugues Simon, president and chief executive officer of Cascades. "It underscores our unwavering commitment to investing in our assets in Quebec to accelerate our growth. I'd like to thank the employees who helped install this equipment. Their expertise and dedication have made this project a resounding success."