Tariffs uncertainty looms large for Cascades
"Cascades just wrapped up 2024 with $4.7 billion in net sales, up 1.4% year over year, driven by a strong Q4 where containerboard sales surged 9.3%. The Bear Island mill in Virginia is closing its production gap and should hit targets by year-end. But the big story? Potential Canada-U.S. tariffs. With 15% of its revenue exposed, Cascades is shifting sourcing, reallocating production, and engaging with government officials. If tariffs hit, expect ripple effects across the paper packaging supply chain, from raw material costs to cross-border logistics. Stay tuned—this could reshape the industry."https://www.packagingdive.com/news/cascades-q4-2024-packaging-earnings-tariffs/740461/
Comments
Post a Comment