International Forest Products is investing $100 million to build a 280 million board feet sawmill in the southern B…
International Forest Products is investing $100 million to build a 280 million board feet sawmill in the southern B.C. Interior equipped to deal with the challenges of mountain pine-killed timber, Forestweb reported.
The Vancouver-based company said in a press statement related to its first quarter financial results that its Board of Directors has approved the construction of a state-of-the-art sawmill to replace its existing mill at Adams Lake. The construction is the final stage of the Adams Lake Master Plan approved in 2003.
In 2006, Interfor invested $30 million at Adams Lake in site improvements and a wood-fired energy system. Total spending on the master plan is more than $40 million since 2003.
Construction of the new mill will begin this summer, with completion projected for late 2008. Interfor said it would incorporate proven technology that would materially improve operating efficiency and cost structure at Adams Lake.
By Forestweb
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