Cascades, a provider of green packaging and tissue products, plans to close its containerboard packaging facility in Etobicoke, Ont., Canada. The move is part of the strategic repositioning of Cascades’ containerboard platform in Ontario and its continuing global optimization initiatives.
“An integral part of our strategic plan is to optimize our operational platform in Ontario. As a result, we will be gradually redeploying production from the Etobicoke facility to our other units within the region,” explains Charles Malo, president and COO of Cascades Containerboard Packaging. “This decision will reinforce our operational positioning for mid- and long-term success by better aligning present production capacities, improving productivity, reducing fixed costs, and further strengthening our service offering for our valued customers.”
Cascades’ Etobicoke Containerboard Packaging operations will permanently close no later than Aug. 31, 2021, and the property will be put up for sale. Over the coming weeks and months, Cascades will work to minimize the impact of this announcement on the 125 employees related to this facility. Cascades thanked its employees for their dedication and loyal service and will continue to count on them for the orderly transition of its existing business to its other plants.
This announcement has no impact on the activities of the Cascades Recovery+ facility and offices that are also located in Etobicoke.