
The paper company Cascades Inc., headquartered in Kingsey Falls, Quebec, has announced that its Greenpac Mill LLC, located in Niagara Falls, N.Y., produced its first roll of recycled linerboard on July 15. Greenpac is a corporation created by Cascades, in partnership with the Canada-based private equity firm Caisse de dépôt et placement du Québec, and the firms Jamestown Container and Containerboard Partners.
Construction on the project, which was headed by Norampac, began in 2011. Norampac, a division of Cascades, also will be in charge of mill management. When fully operational the mill will produce 540,000 tons of 100 percent recycled lightweight linerboard.
“The Greenpac start-up confirms Cascades' long-term commitment in the containerboard sector, as well as our willingness to invest for the future,” says Alain Lemaire, executive chairman of Cascades' board of directors. “Greenpac is the most important investment in the history of Cascades. It symbolizes the future of this company we founded nearly 50 years ago. Thanks to the audacity and leadership of the Norampac team, we are realizing a major project that will take our company to another level in packaging.”
According to Mario Plourde, president and CEO of Cascades, “In 2011, we announced our intention to orient our investments towards the modernization of our assets. Greenpac is the cornerstone of Norampac's strategic plan which, like the other Cascades groups, works towards providing the company with modern and competitive equipment.
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