01:15 PM EDT, 07/17/2025 (MT Newswires) -- Cascades (CAS.TO) Thursday said it invested $3.56 million to upgrade a strategic converting line at its Kingsey Falls tissue plant in Quebec.
The company said the investment involved replacing a packager and bagger with higher-performance equipment, "which will result in two major benefits: namely optimizing the bathroom tissue packaging process and increasing productivity," which is expected to increase the converting line's production rate at the packaging level by 8% compared to current performance levels.
"The project implemented at our Kingsey Falls tissue plant will enable us to increase our capacity and be valued partner for our current and future customers," said chief executive Hugues Simon. "This investment exceeding $3.5 million-part of our continuous improvement efforts-demonstrates our commitment to driving our growth."
Cascades shares were last seen up $0.02 to $9.29 on the Toronto Stock Exchange.
Price: 9.29, Change: +0.02, Percent Change: +0.22