Rhea-AI Summary
Cascades has announced a temporary shutdown of one of its two tissue paper machines at the St. Helens, Oregon facility, following inspections during a scheduled maintenance shutdown that began on September 11. The affected machine has an annual production capacity of 50,000 tons of tissue. While this shutdown is evaluated for its operational and financial impacts, the second machine remains unaffected. Cascades prioritizes employee safety and is actively assessing the condition of the building.
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FAQ
What is the current stock price of CASCADES (CADNF)?
CASCADES (CADNF) last closed at $12.15.
What is the market cap of CASCADES (CADNF)?
The market cap of CASCADES (CADNF) is approximately $1.2B.