DOW JONES NEWSWIRES
Caraustar Industries Inc. (NASDAQ-NMS:CSAR) (CSAR) completed the sale of Sprague Paperboard Inc., a Versailles, Conn., coated recycled paperboard mill, to Cascades Inc. (Toronto:CAS) ( CAS.T) for $14.5 million.
Atlanta recycled packaging company Caraustar said it entered a long-term supply agreement with Cascades to supply coated recycled boxboard to its folding carton plants.
Caraustar were recently changing hands up 13 cents, or 1.8%, at $7.53 in Nasdaq composite trading.
-Jonathan Vuocolo; 201-938-5400; AskNewswires@dowjones.com
(END) Dow Jones Newswires 07-19-06 1337 Copyright (c) 2006 Dow Jones & Company, Inc.