Aug. 8, 2017 – Cascades is investing US$80 million to build a new containerboard packaging plant in Piscataway, N.J., which it says will be among the most modern of its kind in North America.
The new plant, which will create 120 jobs, will manufacture corrugated packaging products and is expected to begin operations in the second quarter of 2018. Once all equipment is installed, total annual production capacity will be 2.4 billion square feet. Ultimately, this represents an increase in the integration rate of approximately 5 per cent, says Cascades, noting that the facilities will have a surface area of more than 400,000 square feet.
Mario Plourde, Cascades president and CEO, said the investment is part of a strategic plan to modernize assets and increase the integration rate between primary production and conversion activities.
“It is also part of our continuing process to reorganize and consolidate our containerboard and packaging activities in the northeastern United States,” said Plourde. “This investment will help us better serve our customers and boost our production capacity, thus increasing our market positioning.”
“The Piscataway conversion plant will have state-of-the-art technology and will be among the fastest in the industry. It will offer increased flexibility and allow us to provide more efficient and innovative products to meet our customers’ needs. Located close to the major urban centres along the eastern seaboard of the United States, the site was also chosen because it has room for subsequent development,” continued Charles Malo, president and COO of Cascades Containerboard Packaging.
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