A.M. Castle (CAS) Reports Q3 Loss of $1.12/Share
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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
November 3, 2015 10:30 AM EST
DRUMMONDVILLE, QC, Nov. 3, 2015 /PRNewswire/ -Â 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 $26.4Â 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
