Cascades To Close Kraft Operations In Quebec

摘要

Kingsey Falls. Quebec based Cascades Inc. reported that it will cease its Kraft paper manufacturing activities in the East Angus (Quebec) plant because of unfavourable market conditions and the failure of discussions concerning the plant's transfer and turnaround. Close to 175 employees will be affected by the closure, which will come into effect by October 3. By closing the plant, Cascades is withdrawing from the Kraft paper sector definitively.