The paper and packaging company says its corrugated medium mill in
It says it decided to close the facilities due to a combination of market conditions, higher operating costs, aging technology and the need for significant capital investment.
Cascades will work with the impacted employees to mitigate, where possible, the effect of the closures.
Employees who cannot or do not wish to relocate to other plants will receive support in their search for other employment, the company says.
Cascades will record
This report by The Canadian Press was first published
Companies in this story: (TSX:CAS)
© 2024 The Canadian Press. All rights reserved., source