Core Insights - Cascades is exiting two niche packaging markets to focus on strategic markets and optimize its operations [3][8] - The company plans to support affected employees with job search assistance and encourages them to apply for other positions within Cascades [3] Plant Closures - The honeycomb packaging plant in Berthierville will close immediately, affecting 52 employees, while the York, Pennsylvania facility will close by February 19, impacting 37 employees due to declining customer demand [4][8] - The cardboard partition facility in Saint-Césaire, Quebec, will cease operations by April 17, affecting 25 employees, as profitability has declined due to reduced demand and geographic distance from main customers [5][8] Strategic Decisions - President and CEO Hugues Simon emphasized the importance of focusing on strategic markets for optimization and profitability improvement [6] - The recent plant closures follow the announcement of the sale of a corrugated packaging plant in Richmond, British Columbia, to Crown Paper Group for $65.5 million, aimed at reducing debt and optimizing operations [6][7]