Cascades Inc., Kingsey Falls, Quebec, has announced an $80 million investment for the construction of a new containerboard packaging plant in Piscataway, New Jersey.
This new plant, which the company says will create 120 jobs, will manufacture corrugated packaging products and will be among the most modern of its kind in North America, according to Cascades. It will begin operations in the second quarter of 2018.
Once all equipment is installed, total annual production capacity at the New Jersey plant will be 2.4 billion square feet. Cascades says ultimately this represents an increase in the integration rate of approximately 5 percent. The facilities will have a surface area of more than 400,000 square feet.
“The investment announced today, which is already included in our capital expenditure budget, is part of the deployment of our strategic plan that aims specifically to modernize our assets and increase the integration rate between our primary production and conversion activities,” says Mario Plourde, president and CEO of Cascades. “It also is part of our continuing process to reorganize and consolidate our containerboard and packaging activities in the northeastern United States. This investment will help us better serve our customers and boost our production capacity, thus increasing our market positioning.”
Charles Malo, president and chief operating officer of Cascades Containerboard Packaging, adds, “The Piscataway conversion plant will have state-of-the-art technology and will be among the fastest in the industry. It will offer increased flexibility and allow us to provide more efficient and innovative products to meet our customers’ needs. Located close to the major urban centres along the eastern seaboard of the United States, the site was also chosen because it has room for subsequent development. This important investment strengthens our position and continues our growth.”
Founded in 1964, Cascades produces, converts and markets packaging and tissue products that are composed mainly of recycled fibers.
This new plant, which the company says will create 120 jobs, will manufacture corrugated packaging products and will be among the most modern of its kind in North America, according to Cascades. It will begin operations in the second quarter of 2018.
Once all equipment is installed, total annual production capacity at the New Jersey plant will be 2.4 billion square feet. Cascades says ultimately this represents an increase in the integration rate of approximately 5 percent. The facilities will have a surface area of more than 400,000 square feet.
“The investment announced today, which is already included in our capital expenditure budget, is part of the deployment of our strategic plan that aims specifically to modernize our assets and increase the integration rate between our primary production and conversion activities,” says Mario Plourde, president and CEO of Cascades. “It also is part of our continuing process to reorganize and consolidate our containerboard and packaging activities in the northeastern United States. This investment will help us better serve our customers and boost our production capacity, thus increasing our market positioning.”
Charles Malo, president and chief operating officer of Cascades Containerboard Packaging, adds, “The Piscataway conversion plant will have state-of-the-art technology and will be among the fastest in the industry. It will offer increased flexibility and allow us to provide more efficient and innovative products to meet our customers’ needs. Located close to the major urban centres along the eastern seaboard of the United States, the site was also chosen because it has room for subsequent development. This important investment strengthens our position and continues our growth.”
Founded in 1964, Cascades produces, converts and markets packaging and tissue products that are composed mainly of recycled fibers.
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