Construction partnership

Caisse de dépôt et placement du Québec

Our attorneys are representing Caisse de dépôt et placement du Québec as an equity investor and mezzanine lender in a partnership with Cascades Inc., Jamestown Container and one other industry partner, for the purpose of constructing and operating Greenpac Mill LLC (“Greenpac”), a state-of-the-art containerboard mill to be located in New York State. Greenpac will be constructed for $430 million on property located adjacent to an existing facility operated by Norampac, a division of Cascades, in Niagara Falls, New York. Greenpac will manufacture a light weight linerboard, made with 100% recycled fibers. The construction of Greenpac will create 108 new jobs in the State of New York, as well as contribute to the economic development of the region.

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