# Cascades acquires White Birch Bear Island newsprint mill in Virginia for US$34.2 million

Cascades announced the acquisition of the Bear Island manufacturing facility in Virginia from White Birch for US$34.2 million cash. The site's newsprint machine will later be converted to recycled containerboard production.

- Type: Acquisition
- Announced: 2018-07-26
- Where: Bear Island, Virginia, United States
- Value: $34.2M
- Status: announced
- Capacity: 400,000 tons per year after conversion
- Products: recycled containerboard, linerboard, medium
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Cascades](https://endata.com/companies/923.md) (acquirer)
- [White Birch](https://endata.com/companies/3657.md) (partner)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/cascades-announces-acquisition-of-the-bear-island-virginia-newsprint-mill-and-plans-to-convert-facility-to-recycled-containerboard-production-689210071.html), 2018-07-26: "announces the acquisition of the White Birch, Bear Island manufacturing facility in Virginia, for a cash consideration of US$34.2 million."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.