27
Jun
Cascades Completes Corrugated Packaging Plant Deal with Rand-Whitney
(USA, June 08, 2016) Cascades Inc. announced that Norampac, its containerboard packaging division, has successfully completed a transaction with US-based company Rand-Whitney Container LLC for the acquisition of its corrugated packaging plant in Newtown, Connecticut, in exchange for certain assets of its Norampac New England plant, located in Thompson, Connecticut.
In return, Cascades will transfer equipment and its customer list from the Norampac New England plant. (Source: press release)