Cascades Announces End of Operations at Trois-Rivieres Plant
The discontinuation of plant operations is likely to affect 35 jobs.
SEATTLE (Scrap Monster): Cascades Inc. decided to end operations at its Lupel plant in Trois-Rivieres, Quebec. The plant used to manufacture felt backing for flooring. The closure marks Cascades’ permanent withdrawal from felt production for the floor covering market. The discontinuation of plant operations is likely to affect 35 jobs.
Luc Langevin, president and chief operating officer of Cascades Specialty Products Group stated that the company has been working hard to increase sales of products manufactured by the plant. However, the drastic drop in demand for vinyl flooring and the market shift from felt backing toward fibreglass backing have had negative impacts on the plant’s operations. The declining production volumes have erased the plant’s profitability. The market outlook suggests that the trend in unlikely to reverse any time soon. It is under these difficult circumstances that the management has decided to cease operations at the plant, Langevin said.
The company, in a press release, commended the loyalty and commitment of its Lupel staff. Also, it expressed the hope that the staff will continue serving clients until it announces final stoppage of operations.
The staff affected by the closure will be offered job opportunities at its other business units. Those employees who do not wish to or are not in a position to relocate to other plants will be provided all possible help in their search for alternate employment opportunities, in order to minimize the impact of the closure.