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Cascades is celebrating its 50th anniversary today
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By PR Newswire |
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March 26, 2014 10:30 AM EDT |
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KINGSEY FALLS, QC, March 26, 2014 /PRNewswire/ - Brothers Bernard,
Laurent and Alain Lemaire, co-founders of Cascades, and Mario Plourde,
current President and Chief Executive Officer, celebrated Cascades'
50th anniversary this morning at a ceremony held at "the old mill," the
Company's very first plant. In the company of employees, retired
workers and partners, they commemorated 50 years of history.
"Fifty years ago today, in 1964, we breathed new life into the abandoned
paper mill in Kingsey Falls. At the time, we had only a handful of
employees and were making a few hundred thousand dollars in sales.
Since then, we have multiplied our number of employees by 500, and our
sales by more than 10,000, and we are now 12,000 strong and making
close to $4 billion in sales. This growth has been made possible by all
of our partners but, especially, by the contribution of Cascaders,"
pointed out Bernard Lemaire.
"We experienced strong growth, particularly in the 1990s, with
acquisitions, investments, ventures in new business sectors, etc. At
such an exciting time, we could easily have lost our focus and sense of
identity, but our rapid expansion was accompanied by respect for our
employees, our communities, the environment and our values," said
Laurent Lemaire.
The moving ceremony marked the launch of numerous festivities, which
employees, as well as the community, are invited to attend throughout
the year. At the same time, the Lemaire brothers and Mario Plourde
addressed employees in all one hundred or so Cascades units across
North America and in Europe via video, thanking them for their
outstanding contribution to Cascades' success. In addition, each
employee got to enjoy a small birthday cake in celebration of the 50th
anniversary.
"Without such motivated and determined employees, we would have had a
tough time surviving the economic crisis that rocked the industry in
the 2000s. Today, we have every reason to be proud and to celebrate.
Not only is our Company in good health, but it also sets the example
when it comes to environmental and social issues," explained Alain
Lemaire.
Following the ceremony, the celebration continued as the Lemaire
brothers and Mario Plourde toured the Kingsey Falls units. Each unit
presented its own warm tribute to the visitors.
"Cascades' 50th anniversary is the occasion to celebrate our history and
that of the Lemaire brothers. To fully understand where we are going,
we must first know where we have been. Bernard, Laurent and Alain
Lemaire are giants on the Québec business scene and in sustainable
development, and we are their heirs. It falls upon us to continue
building on this legacy and to carry Cascades into the future," added
Mario Plourde.
A number of events celebrating the Company's 50th anniversary will take
place in the coming months. For the schedule of events taking place in
2014, visit the Events section on our website, at www.cascades.com/50.
Founded in 1964, Cascades produces, converts and markets packaging and
tissue products that are composed mainly of recycled fibres. The
Company employs more than 12,000 employees, who work in over
100 production units in North America and Europe. With its management
philosophy, half a century of experience in recycling, and continuous
efforts in research and development as driving forces, Cascades
continues to deliver the innovative products that customers have come
to rely on. Cascades' shares trade on the Toronto Stock Exchange under
the ticker symbol CAS.
SOURCE Cascades Inc.
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
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