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Caraustar sells Sprague board mill to Cascades

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Published in issue 17/2006
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Caraustar Industries, Inc. has sold Sprague Paperboard Inc. for $14.5m to Cascades Inc. According to Caraustar Industries, the parties have reached an agreement that Cascades will supply an annual 30,000 sh.t of coated recycled boxboard to Caraustar’s folding carton plants. The divestment is reportedly subject to ...

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