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KINGSEY FALLS, QC , Dec. 21, 2018 /CNW Telbec/ - Cascades Inc. (TSX: CAS) (the "Company") announces that it has increased its authorized credit facility to approximately CAN$1 billion to incorporate the addition of a US$175 million seven-year term loan. The term loan provides the Company with increased financial flexibility and will reduce financing costs. The agreement is supported by the Company's existing banking syndicate and the term loan is underwritten by CoBank, ACB and American ...read more >
KINGSEY FALLS, QC , Dec. 6, 2018 /CNW Telbec/ - Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue products, is pleased to announce the acquisition of assets, all located in the United States , which will allow the company to double its production capacity of ecological packaging manufactured in moulded pulp. The total cost of the transaction amounts to US$37 .4 million. The effective date of the transaction is today. ...read more >
WAGRAM, NC , Nov. 27, 2018 /CNW Telbec/ - Cascades Inc. (TSX: CAS), a leader in the recovery and manufacturing of green packaging and tissue products, is pleased to announce an investment of US$58 million in its Wagram plant in North Carolina that will modernize the plant and add new tissue converting equipment. These project investments are part of the capital expenditure envelope previously announced by the Company. The project will involve the installation of five ...read more >