Cascades Invests $6 Million in Wisconsin Plant
Cascades is investing $6 million in its tissue paper plant in Eau Claire, Wisconsin. The project is expected to create 36 new jobs over the next two years.
The project is supported by the Wisconsin Economic Development Corporation (WEDC), which has approved up to $200,000 in performance-based state income tax credits. The final value of the incentives will depend on the number of jobs created and the level of capital investment completed by the company.
Cascades’ investment centers on the installation of a state-of-the-art converting line, described as one of the most advanced in the company’s asset portfolio. The new equipment will enable the introduction of premium product lines, expand converting capacity and improve integration rates, strengthening the company’s market coverage in the region.
Source: Midland