Cascades Inc., a paper company headquartered in Kingsey Falls, Quebec, has taken a majority position in Longhorn Paper Converting, a tissue converting plant in Grand Prairie, Texas.
Cascades says the initiative in Texas will further expand its coverage in the United States. Cascades notes that in light of Longhorn Paper Converting’s location, it will be able to enhance its integration rate in the region by converting parent rolls manufactured at other Cascade plants.
“This heightened presence in south-central U.S. is a concrete example of our company's desire to serve its customers coast-to-coast,” says Mario Plourde, president and CEO of Cascades. “This initiative, which is part of our strategic development plan, will allow us to continue to grow in a region that offers potential for this core segment of our business.”
“This investment has widened our presence in the U.S. and will allow to take another important step toward achieving our objective of expanding into key markets in the southern and western United States," says Jean Jobin, president and COO of Cascades Tissue Group. "It will also enable us to provide even greater quality and flexibility to our American customers. Moreover, Longhorn Paper Converting offers us medium-term growth opportunities."
Latest from Recycling Today
- Nfinite Nanotech closes $6.5M financing round
- Golden West Packaging appoints senior leadership
- MDS launches compact recycling trommel
- ABTC surpasses design rate at LIB recycling plant
- Reworld, Goodwill partner on Pennsylvania electronics recycling
- ReMA releases ESG toolkit
- Greenwave struggles to maintain Nasdaq listing
- Barron Industries to expand in Michigan