Cascades to Close Corrugated Packaging Plant in Maspeth, New York by End-2018
Aug. 9, 2017 - Cascades Inc. announced that it will close its corrugated packaging plant in Maspeth, New York, as part of the corporation's modernization and optimization efforts in the Northeastern United States.
"To support our future development and better serve our customers, we are announcing today that the Maspeth plant's output will gradually be redeployed to our other facilities,” said Charles Malo, President and Chief Operating Officer of Cascades Containerboard Packaging. “This decision was necessary as the current site has reached its physical limits. This transition will be seamless for all of our customers. The property has already been put up for sale for US$72 million."
The plant, which currently employs 148 people, will close no later than December 31, 2018.
In order to help staff impacted by this closure, Cascades said that it will assess the possibility of relocating interested employees to its other facilities. Tools and measures will also be put in place by Cascades to assist employees in their employment search, so as to reduce the impact on them and the community.
Founded in 1964, Cascades produces, converts and markets packaging and tissue products that are composed mainly of recycled fibres. To learn more, please visit: www.cascades.com.
SOURCE: Cascades Inc.