A.M. Castle (CAS) Reports Q3 Loss of $1.12/Share

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A. M. Castle & Co. Reports Third Quarter 2015 Results

November 5, 2015 6:45 AM EST

Positive Cash Flow From Operating Activities of $8.7 million

New Management Structure Succeeding in Improving Customer Service, Asset Management and Operational Efficiencies

Additional Reductions in Cost Structure Implemented

OAK BROOK, Ill.--(BUSINESS WIRE)-- A. M. Castle & Co. (NYSE: CAS) (the Company or Castle), a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, today reported financial results for the three months ended September 30, 2015.

President and CEO Steve Scheinkman commented, Our transition plan is succeeding on many important fronts,... More

Cascades Invests $26.4 Million at the Norampac - Drummondville Corrugated Plant

November 3, 2015 10:30 AM EST

DRUMMONDVILLE, QC, Nov. 3, 2015 /PRNewswire/ - Cascades Inc. (TSX: CAS), a leader in the recovery of recyclable products and manufacturing green packaging products and tissue paper, announces today it is investing $26.4 million at its Norampac corrugated board conversion plant in Drummondville, to install a new corrugator, thus increasing its production capacity.

This investment, which will consolidate the 214 jobs at the plant, will enable Norampac Drummondville to continue working toward modernizing its equipment in order to gain in efficiency and improve the quality of its products. Adding new equipment at the... More