(Kingsey Falls) Cascades on Tuesday announced a restructuring of its tissue paper business through changes that will affect 300 employees in the United States.
The Kingsey Falls-based company said it will be phasing out facilities in Barnwell, South Carolina and Scappoose, Oregon, as well as the virgin paper machine at its plant in St. Helens, also Oregon, beginning from the beginning of July.
According to Cascades, the changes will reduce costs, create synergies and improve the financial, operational and environmental performance of the tissue papers group.
The facilities that will be closed have an annual capacity of 92,000 short tons of paper and 10 million cases, but were operating below this capacity.
Cascades said it “(would) work closely” with the 300 affected employees to reduce the impact of its decision, including trying to reassign as many of them as possible to other of its facilities in the United States. United.
Closure costs, including severance pay, are estimated at around $20 million to $25 million, Cascades calculated.
