Cascades Inc. has reached an agreement for the sale of its North American boxboard manufacturing and converting assets to Graphic Packaging Holding Company for $44.9 million.
The Cascades boxboard units affected by the transaction are:
East Angus, Québec, a mill that manufactures recycled coated boxboard for the production of folding cartons. Founded in 1910, it was purchased by Cascades in 1983.
With effect from 1 January 2015 a new managing director will take the reins at KBA Deutschland. Reinhard Marschall (49) succeeds Ramona Weiß-Weber at the helm of Koenig & Bauer's German sales and service subsidiary for sheetfed offset presses. The previous managing director has left the company after three years to pursue new challenges.Read more
The vote to authorize the strike was 99 percent in favor, Gregory Pallesen, vice president of the Association of Western Pulp & Paper Workers, said Wednesday morning.
The vote does not immediately trigger a strike, but it allows the AWPPW bargaining team to call for one after giving KapStone 10 days notice.Read more
The centre gives customers hands-on, real-time insights into how to meet their business needs, and does so through the relentless implementation of packaging and service innovations. It follows the opening in 2012 of the first UK Experience Centre in Yate, South-West England.Read more