Northwire Canada EditionTuesday, July 14, 2026
Northwire
TLO 5.95 +12.1% ADE 0.135 +0.0% FAIR 0.055 +22.2% SVRS 0.425 −1.2% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.315 −4.5% BUFF 0.770 +2.7% TKO 11.15 +11.9% MINK 0.100 −4.8% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9% TLO 5.95 +12.1% ADE 0.135 +0.0% FAIR 0.055 +22.2% SVRS 0.425 −1.2% RES 0.035 +0.0% CYG 0.120 +0.0% MGG 0.315 −4.5% BUFF 0.770 +2.7% TKO 11.15 +11.9% MINK 0.100 −4.8% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6% APMI 0.120 +0.0% LIO 0.135 +3.9%
Production / Operations

Cascades invests $6.9 million in its Kingsey Falls uncoated recycled boxboard plant

CAS · Price

Executive Summary

  • Cascades announced a $6.9 million capital investment in its Kingsey Falls uncoated recycled boxboard plant to boost production capacity and product quality.
  • New equipment installed since September improves sheet‑quality control, targeting the food packaging market’s surface finish and printing requirements.
  • The upgrade reinforces Cascades’ competitive position in Quebec and supports long‑term growth for the facility’s 68 employees.

Key Details

  • Investment Amount: $6.9 million allocated to equipment upgrades at the Kingsey Falls plant (Papier Kingsey Falls).
  • Purpose: Increase production capacity, enhance sheet properties (surface finish, printability), and improve overall product quality for food packaging customers.
  • Equipment Installed: Several new pieces of sheet‑quality control machinery installed since September 2025 (specific models not disclosed).
  • Capacity Impact: Expected to significantly raise the plant’s output capability; exact capacity increase not quantified in the release.
  • Employment: Plant employs 68 workers; investment underscores commitment to local jobs and employee benefits.
  • Strategic Rationale: Strengthen Cascades’ market position in uncoated recycled boxboard, drive growth, and maintain long‑term competitiveness in Quebec.
  • Leadership Quote: Hugues Simon, President & CEO, highlighted the project’s role in capacity expansion and partnership with customers.

Notable Quotes

“This project will enable us to increase our capacity and remain a valued partner for our customers,” said Hugues Simon, President and CEO of Cascades.
“It underscores our unwavering commitment to investing in our assets in Quebec to accelerate our growth.”

Read the original news release →

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