Cascades is adding two more closures to a long list of mill shutdowns that have plagued the Canadian pulp and paper…
Cascades is adding two more closures to a long list of mill shutdowns that have plagued the Canadian pulp and paper industry as of late.
One of the four papermachines at the company’s facility in Saint-Jerme will be idled, a restructuring that will gradually come into force in 2006. The machine churns out 8,000 short tonnes per year, the equivalent of 5% of the plant’s annual capacity.
Nearly 100 people will lose their jobs when the machine closes down.
The province of Quebec is the target for Cascades’ other closure as well. The company’s Montreal-based folding carton plant will lose one of its production lines in the new year, costing 61 jobs, and 26 temporary layoffs.
“We will essentially be closing one of our two production lines and maximizing output on the remaining one, which will be equipped with state-of-the-art technology,” said Eric Laflamme, president and CEO. “We expect the plant to remain profitable in 2006, despite a possible reduction in demand,” he added.
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