Cascades (company)
| Cascades Inc.
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | CA1469001053 |
| founding | 1964 |
| Seat |
Kingsey Falls , Canada
|
| management | Alain Lemaire |
| Number of employees | approx. 15600 |
| Branch | Paper industry |
| Website | Cascades.com |
The Cascades company was originally a Canadian manufacturer of various types of paper products . The Cascades Europe division was merged in 2008 with the Reno de Medici company. The new sales name is CAREO .
Parent company
Cascades Inc. was founded in 1964 and has developed into a leading company in the production, processing and distribution of various paper products on the North American market . The company was a pioneer in the recycling of waste paper .
The company has a total of 140 production sites in North America and Europe . Around 15,600 people are employed. The main office is in Kingsey Falls in the province of Quebec .
Europe and merger with Reno de Medici
A total of 1290 employees are employed in four cardboard plants in France (Cascades La Rochette and Cascades Blendecques), Germany (Cascades Arnsberg) and Sweden (Cascades Djupafors) as well as cutting centers and sales warehouses in Great Britain , Italy and France. In 1989 another board mill was acquired in Belgium (Cascades Duffel). However, the production facility was closed in 1997 and the location was converted into a sales office in 2002. At the beginning of 2012, Cascades Duffel NV was finally liquidated.
The subsidiary Cascades SA, based in La Rochette in Savoie , was previously responsible for the European market . In March 2008, Cascades Europe merged with Reno de Medici . The new joint stock company is based in Milan. Cascades brought the recycling cardboard sites Arnsberg and Blendecques as well as the cutting center in Wednesbury into the merger and thus held 30% Reno de Medici 70% during the merger. The joint venture is the second largest supplier of recycled cardboard in Europe. The production capacity is 1.3 million tons per annum. As of June 2013, Cascades is the largest shareholder in Reno de Medici, with a stake of 57.6% of the ordinary shares.
Germany
In Germany, the company took over the factory in Arnsberg from the Stora group in 1997 and incorporated it into the merger with Reno De Medici in 2008. Around 300 employees there produce 230,000 t of folding boxboard from waste paper every year. This makes it one of the largest commercial employers in this city.
The company is continuing a tradition that began in 1901 with the establishment of Ruhrwerke AG. The first board machine was put into operation in 1903 and a second in 1906. In 1918 the factory was taken over by the Reisholz company and in 1928 by Feldmühle AG . In 1955, a high-pressure coal power plant was built alongside the previous hydropower plant and a third board machine was put into operation in 1957. In 1989 the board machine 1 and the wood grinding shop were shut down. In 1990 the plant was owned by Stora, in 1997 by Cascades and finally by Reno De Medici in 2008.
Individual evidence
- ↑ a b c Company history , CAREO website, accessed on January 27, 2013
- ↑ Westfälische Rundschau April 29, 2008
- ^ Website of the Italian Stock Exchange - Borsa Italiana SpA , accessed on January 27, 2013
- ↑ Information on the Arnsberg plant , CAREO website, accessed on January 27, 2013
- ↑ briefly on the history of the Arnsberg plant: discoveries. Documents from company history collections in south-eastern Westphalia. Dortmund 2001, p. 28.