A Québec-based packaging company announced that it will close its plant in Newtown, cutting 71 jobs, according to a Worker Adjustment and Retraining Notification filing.
Cascades Containerboard Packaging, at 1 Edmond Road, expects to close between April 12 and April 26.
The closure will result in the loss of 71 jobs, including helpers, electricians, floaters, forklift operators, other machine operators, a plant manager, several supervisors and a controller. Some workers are represented by Local 4 of the United Steel Workers union.
Cascades Containerboard Packaging manufactures packaging materials and is owned by the Canadian company Cascades Inc.
Cascades Inc. is also closing two plants in Ontario, for a total workforce reduction of 310 employees.
Cascades said it decided to close the facilities due to a combination of market conditions, higher operating costs, aging technology and the need for significant capital investment, according to a report from Bloomberg.
