Cascades Inc. to close its packaging plant in Maspeth, New York
11 August 2017
Cascades Inc. to close its packaging plant in Maspeth, New York, as part of the Corporation's modernization and optimization efforts in the Northeastern United States, as the company said in the press release received by Lesprom Network.
"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. 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 $72 million," said Charles Malo, President and Chief Operating Officer of Cascades Containerboard Packaging.
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 will assess the possibility of relocating interested employees to its other facilities.
Cascades produces, converts and markets packaging and tissue products that are composed mainly of recycled fibres.