Norampac’s decision to close its corrugated product plant in Concord, Ontario will come into effect during the firs…
Norampac’s decision to close its corrugated product plant in Concord, Ontario will come into effect during the first quarter of 2005. In an effort to improve both efficiency and profitability, the cardboard producer will transfer its plant operations to the Etobicoke and St. Mary’s plants in Ontario, where most of the Concord employees will be relocated.
Norampac will invest $17 million in the two new locations and make several installations, including a fully automated press at the Etobicoke plant.
Marc-Andre Depin, president and chief executive officer confirmed the decision was made with the best interests of both the company and its clients. “This decision was made in an effort to maintain our position as industry leader. It will allow us to optimize the operations of our corrugated plants in Ontario while allowing them to offer top quality service to our customers.”
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