Canadian-Based Cascades Inc. Takes Majority Control Of Longhorn Paper Converting in Grand Prairie, Texas
According to company officials, “while recent investments have consolidated Cascades' presence on the American west coast, this latest initiative will expand its coverage of the US even further. Owing to its strategic location, this converting plant will foster synergies and enhance Cascades' integration rate in the region by converting parent rolls manufactured in other Cascades plants.”
"This heightened presence in south-central US is a concrete example of our company's desire to serve its customers coast-to-coast," commented Mario Plourde, President/CEO of Cascades. "This initiative, which is part of our strategic development plan, will allow us to continue to grow in a region that offers potential for this core segment of our business."
"This investment has widened our presence in the US and will allow to take another important step toward achieving our objective of expanding into key markets in the southern and western United States. It will also enable us to provide even greater quality and flexibility to our American customers. Moreover, Longhorn Paper Converting offers us medium-term growth opportunities," said Jean Jobin, President/CEOO of Cascades Tissue Group.
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