Fredericton, NB-The provincial government has announced an investment of $34 million in Fraser Paper’s pulp and sawmill operations, the Bugle-Observer reported. The funds will go to upgrading the comp…
Fredericton, NB-The provincial government has announced an investment of $34 million in Fraser Paper’s pulp and sawmill operations, the Bugle-Observer reported. The funds will go to upgrading the company’s Plaster Rock sawmill and Edmunston pulp mill.
Fraser Paper’s Juniper mill is not being targeted by the investment. “They can’t continue to operate both facilities and that’s why you’re seeing this situation now,” the Bugle-Observer reported Natural Resources Minister Donald Arseneault as saying. “They have to pool their resources, so they can run an efficient sawmill and get the best value for their money.”
The Plaster Rock sawmill closed last October, but restarted in June to process a limited inventory of leftover logs. Arseneault would not confirm when the sawmill can be expected to return to full operation.
The Bugle-Observer further reported that upgrades to the Edmunston pulp mill’s boiler and turbine will be completed during a scheduled shutdown in September.
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