Fifty people at Thunder Bay’s Cascades Fine Papers Group are going to be receiving pink slips over the next 12 weeks.
Cascades vice-president of operations, Gene Foster, says market pressures, including overseas competition and a strengthening Canadian dollar have forced the company to find ways to streamline its operations and cut costs.
“Unfortunately, we made the decision to reduce our workforce by 50 people,” he says.
The mill, which makes high-quality coated paper products, currently employs about 575 people. Foster says the need for layoffs became apparent over the last couple of months.
“People have to understand this was a tough decision and we knew the impact it would have on people and families, but after considering everything, it was a decision that had to be made,” he says.