July 28, 2020 By P&PC Staff
Cascades has announced it is closing its Etobicoke, Ontario containerboard packaging facility within the next year, affecting 125 jobs.
The company says the closure is part of the “strategic repositioning” of its containerboard production in Ontario.
Other units in the region will take on the Etobicoke plant’s production.
“An integral part of our strategic plan is to optimize our operational platform in Ontario,” says Charles Malo, president and chief operating officer of Cascades Containerboard Packaging.
“This decision will reinforce our operational positioning for mid and long-term success by better aligning present production capacities, improving productivity, reducing fixed costs and further strengthening our service offering for our valued customers.”
Cascades’ Etobicoke Containerboard Packaging operations will permanently close no later than August 31, 2021, and the property will be put up for sale.
The company says the closure has no impact on the activities of the Cascades Recovery+ facility and offices that are also located in Etobicoke.
“Cascades would like to thank its employees for their dedication and loyal service and will continue to count on them for the orderly transition of our existing business to our other plants,” says the company in a statement.
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