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Cascades Announces Acquisition of the Bear Island, Virginia Newsprint Mill and Plans to Convert Facility to Recycled Containerboard Production\
Cascades Inc. (TSX: CAS), a leader in the recovery and manufacture of green packaging and tissue products, announces the acquisition of the White Birch, Bear Island manufacturing facility in Virginia, for a cash consideration of US$34.2 million. The newsprint paper machine presently located on the site will be reconfigured to produce high quality recycled lightweight linerboard and medium for the North American market.
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