This investment, which will consolidate the 214 jobs at the plant, will enable Norampac-Drummondville to continue working toward modernizing its equipment in order to gain in efficiency and improve the quality of its products. Adding new equipment at the cutting edge of technology will also help reduce operating costs. The current building will be expanded.
The project was made possible particularly thanks to an Investissement Québec loan guarantee, for a maximum amount of $6 million.
"Today's announcement is part of our strategic plan aiming to focus our efforts and investments in the packaging and tissue paper strategic sectors. This process is beginning to show results," explains Mario Plourde, President and CEO of Cascades.
The 45,000 sq.ft. building expansion will be completed in mid-November and the new corrugator will be operational as of January 2016.
Cascades produces, converts and markets packaging and tissue products composed mainly of recycled fibres.