Cascades Paperboard International - Company Update.PAPERBOARD paperboard, material similiar in shape and composition to paper, but generally thicker, stronger, and more rigid. Paper machines, e.g., Fourdrinier machines, are used to make sheets of paperboard. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , ME:CAP) Cascades Paperboard International Inc. invests $10 million at its Montreal Plant situated on Pierre-de-Coubertin Street, Montreal East. Cascades Paperboard International Inc. announces a $10 million investment at its Somerville Packaging unit located in Montreal. This investment, realized in conjunction with a long-term partnership agreement with the employees, will allow the Corporation to acquire state-of-the-art technology and to consolidate its leadership position in the folding carton The folding carton created the packaging industry as it is known today, beginning in the late 19th century. Basically, a folding carton is made of paperboard, and is cut, folded, laminated and printed for transport to manufacturers. industry in Canada. Somerville Packaging operates four converting facilities located in the provinces of Quebec and Ontario with total sales in excess of $110 million per year. The Montreal unit produces distinctive packages such as folding cartons on aluminum foil Noun 1. aluminum foil - foil made of aluminum aluminium foil, tin foil foil - a piece of thin and flexible sheet metal; "the photographic film was wrapped in foil" and metallized film-mounted substrates, specialty products for the frozen food and ice cream sectors, high gloss applications for cosmetics and confectionary products, cylindrical cyl·in·dri·cal adj. Of, relating to, or having the shape of a cylinder, especially of a circular cylinder. containers as well as general folding cartons for the food, personal care and distillery industries. CONTACT: Somerville Packaging Amin Mourad, 514/259-6951 or Cascade Paperboard International Inc. Cam Gentile, 514/285-4474 |
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