Cascades (Kingsey Falls, Quebec), a leader in the recovery and manufacturing of green packaging and tissue products, had announced that it will close its Etobicoke, Ontario Containerboard Packaging facility as part of the strategic repositioning of its Containerboard platform in Ontario, as well as the company’s continuing global optimization initiatives. “An integral part of our strategic plan is to optimize our operational platform in Ontario. As a result, we’ll be gradually redeploying production from the Etobicoke facility to our other units within the region,” said Charles Malo, President and Chief Operating Officer of Cascades Containerboard Packaging. “This decision will reinforce our operational positioning for mid-term and long-term success by better aligning present production capacities, improving productivity, reducing fixed costs and further strengthening our service offerings 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. Over the coming weeks and months, Cascades said it will work to minimize the impact on the 125 employees related to this facility. “It’s important to note that this announcement has no impact on the activities of our Cascades Recovery+ facility and offices that are also located in Etobicoke,” the company added. Cascades emphasized in a release that it would like to thank its employees for their dedication and loyal service, and will continue to count on them for the orderly transition of its existing business to other plants.
Founded in 1964, Cascades offers sustainable, innovative and value-added packaging, hygiene and recovery solutions. The company employs 12,000 women and men across a network of over 90 facilities in North America and Europe. Driven by half a century of experience in recycling and continuous research and development efforts, Cascades “continues to provide innovative products that customers have come to rely on, while contributing to the well-being of people, communities and the entire planet.”