Cascades announced the conversion of its Bear Island paper mill in October 2020. The facility, which is in Ashland, Virginia, will produce lightweight, 100-percent-recycled linerboard and medium and initially was projected to cost around $380 million. The company now reports the total cost of the project at around $515 million to $525 million, with $396 million invested in the project to date (2018-2022).
