Kruger Products Investing $55 Million for New Tissue Machine at Crabtree
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Kruger Products Investing $55 Million for New Tissue Machine at Crabtree
Kruger Products L.P., Montreal, Que., Canada, a producer of quality tissue products for household, industrial, and commercial use, this week announced it is investing $55 million to add a paper machine at its Crabtree Plant, in the Lanaudière region. The project will increase the plant's overall production by approximately 20,000 metric tons annually and will help to consolidate approximately 600 jobs.
The investment was announced at a news conference at the Crabtree Plant attended by Dominique Anglade, Minister of Economy, Science, and Innovation, and Minister responsible for the Digital Strategy; and by representatives from the Crabtree municipality and the Joliette Regional County Municipality; as well as Mario Gosselin, CEO, Kruger Products L.P.; and Joseph Kruger II, chairman and CEO, Kruger Inc.
To make this investment, the Company received a $39.5-million loan from Investissement Québec, which is acting as an agent of the Government of Québec in this project.
"This major investment was largely made possible by the support of the Québec government and the Joliette Regional County Municipality, as well as by our Crabtree employees who rallied for their plant's future," said Mario Gosselin, CEO, Kruger Products L.P. "We would like to thank Minister Anglade for her support. By granting a loan for this project, the Québec government is enabling Kruger Products to continue to grow in Québec and to continue to contribute to the Region's economic growth."
PM 8, which will produce tissue products primarily for the away-from-home market, will be installed in a new building that will soon be under construction. PM 8 is expected to be commissioned by the end of summer 2017.
In the photo above are (l-r): Mario Gosselin, CEO, Kruger Products; Joseph Kruger II, chairman of the board and CEO, Kruger Inc.; Dominique Anglade, minister of economy, science and innovation, and minister responsible for digital strategy; and Denis Laporte, Crabtree Mayor. (CNW Group/Kruger Inc.).