Cascades Invests $6.9M In Kingsey Falls Plant
Hood Container Expands Chicago Footprint, Signs Two New Leases Atlanta, Georgia based Hood Container Corporation has signed two industrial leases totaling about 391,560 square feet at 5750–5800 West 51st Street. The packaging man- ufacturer is spreading out across multiple warehouses in the Garfield Ridge and Bedford Park industrial corridor near I-55 and Midway Airport. The Garfield Ridge Industrial Property is a 391,560 square foot facility on roughly 14.2 acres, built in 1974, with 10 loading docks and a 24 foot clear height. The latest deal comes as Hood Container continues to invest across its network. Last July the company an- nounced it would invest $118.9 million in St. Francisville, a major mill modernization project. Chicago’s logistics scene is still defined by big single user industrial commitments. Colliers reported that the re- gion logged 10.7 million square feet of new leases in Q2 2025, the highest quarterly total since early 2023. That level of tenant demand helps explain why packaging and manufacturing players keep zeroing in on sites near high- ways and airports, a trend that is likely to keep the I-55 and Midway corridor firmly on occupiers’ shortlists. The transactions were handled by Cushman & Wake- field’s Chicago industrial team, led locally by Director Matt Saddler and Managing Director Sally Macoicz.
Kingsey Falls, Quebec based Cascades has announced it has invested $6.9 million in its uncoated recycled box- board manufacturing plant (Papier Kingsey Falls) to in- crease its equipment’s production capacity and quality. Since last September, Cascades has installed several new pieces of equipment to improve sheet quality control. These investments will significantly improve the plant’s ability to better meet the needs of the food packaging in- dustry, including surface finish and printing requirements. “This project will enable us to increase our capacity and remain a valued partner for our customers,” said Hugues Simon, President and CEO of Cascades. “It underscores our unwavering commitment to investing in our assets in Quebec to accelerate our growth. I’d like to thank the em- ployees who helped install this equipment. Their expertise and dedication have made this project a great success.” Commissioned in 1972, this Kingsey Falls plant cur- rently serves the industrial and food packaging markets. It currently boasts 68 employees and is one of the region’s top employers. It also provides a competitive salary and a benefits program tailored to its employees’ lifestyle. A key player in the packaging sector, Cascades offers a wide range of high-performance products with a low envi- ronmental footprint.
8 March 16, 2026
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