Will increase production by 20,000 tonnes and preserve 600 jobs.
Cascades is getting help with a loan guarantee from Quebec.
Newsprint machine will be converted to manufacture 100% recycled, lightweight linerboard.
Project is expected to create up to 65 new jobs.
Interest-bearing loans will represent up to 10% of the value.
Landing gear manufacturer Heroux-Devtek will create 50 new jobs after receiving more than $6.2 million of financial support from the Quebec government.
The Quebec government’s investment agency is owed more than $26 million by Timminco Ltd., a specialty metals producer that filed for court protection this week.