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Cascades easily beats forecasts, helped by improved productivity, weaker loonie

MONTREAL - Cascades easily beat expectations as it swung to a $6-million profit in the fourth quarter after benefiting from improved productivity and a weakened Canadian dollar. "We ended the year on a stronger note than we anticipated," CEO Mario Plourde said Thursday during a conference call in which he noted that all operating segments contributed to the stronger results.

Cascades to invest $35 million to expand tissue production capacity in Oregon

MONTREAL - Recycled paper and packaging producer Cascades Inc. is looking to grow its West Coast tissue sales by spending $35 million to expand its plant in St. Helens, Ore. with the purchase of a paper machine, previously run by Boise in the same facility. The machine for recycled paper will be converted to produce 55,000 tons of tissue paper annually to make hand towels and napkins. The project will increase the plant's capacity to 120,000 tons and add 29 jobs to the existing workforce of 59. Start-up is planned for the fourth quarter of 2014.

Health Canada recalls several craft glue guns over safety concerns

OTTAWA - Health Canada says a number of craft glue guns sold widely in Canada could pose a danger of burns and electrical shock, and consumers should stop using the products. The glue guns — sold under the names Sabre, Tool Tech and Wellson — have not been evaluated for safety against Canadian standards but bear unauthorized Canadian Underwriters Laboratories Inc. certification marks, the federal department said Tuesday.

Woody Harrelson behind company making environmentally friendly paper that saves virgin trees

LOS ANGELES, Calif. - Woody Harrelson is putting his paper where his passions are. The 51-year-old actor is the co-founder of Prairie Pulp The company spent 15 years researching and developing its Step Forward Paper. It's made of wheat-straw waste and wood fiber rather than virgin trees. The company says replacing two packs of traditional copy paper with their product saves one tree. Harrelson says half the world's forests are cut down to make paper, and his company's new paper is "going to be great for our future."

Pot's OK but Styrofoam is 'terrible': Bloomberg

Billionaire New York mayor Michael Bloomberg promised eye-catching changes Thursday for his last days in office, including reduced penalties for marijuana possession and a ban on Styrofoam cups. Cheerleaders danced and the Jay-Z and Alicia Keys hit "Empire State of Mind" blasted out as the three-term mayor came to the podium to give his final annual State of the City speech. The razzmatazz honored Bloomberg on his birthday but also the start of the countdown to his departure from City Hall, where he took office at the start of 2002 and will step down next January.
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