Kingsey Falls, Quebec base Cascades Inc. announced that its corrugated medium manufacturing facility in Niagara Falls, New York will be permanently closed as part of the “optimization” of their packaging production platform. Production will end by September 3.
The company said the announcement aligns with its commitment to support strategic growth by focusing on profitability and customer service levels. The Niagara Falls production site has an annual production capacity of 200,000 short tons.
A second machine at this facility was closed in 2023. Closure costs are estimated at approximately $5 million.
“This is a difficult decision, but one that is an essential part of our focus on optimizing the performance of our Packaging sector,” said Jean-David Tardif, Executive Vice-President, Packaging. “The future growth momentum for Cascades and our customers is very promising, and we are well positioned to capitalize on opportunities for strategic and sustainable growth. We know what we need to do to get there — simplify, optimize and focus,” he added.
Cascades said that 123 employees are directly impacted by this decision and that they will work closely with them through the process by providing job search support. The company said its decision to close the facility in no way diminishes their contribution to the local community, or the achievements throughout its 38 years of operation.
Founded in 1964, Cascades offers sustainable and value-added packaging, hygiene and recovery solutions. They employ 9,600 people across a network of 66 operating facilities, including 17 Recovery and Recycling facilities which are part of Corporate Activities and joint ventures managed by the Corporation, in North America.
https://boardconvertingnews.com/cascades-to-close-niagara-falls-corrugated-operations/
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