Business

Pinnacle pellet terminal on track for operational start later this year

The Pinnacle Renewable Energy pellet export terminal is scheduled to start operation later this year. - Shaun Thomas photo
The Pinnacle Renewable Energy pellet export terminal is scheduled to start operation later this year.
— image credit: Shaun Thomas photo

Work on Pinnacle Renewable Energy's pellet export terminal is proceeding according to plan, said company president and chief operating officer Leroy Reitsma.

"Everything is progressing well, and we're still on schedule to start terminal operation in the fourth quarter of this year," he said following a site visit on June 6.

"It's steady as we go."

Once the terminal is operational, it will create up to 24 direct jobs. Reitsma said people in Prince Rupert should be keeping their eyes open for possible employment later this summer.

"The advertising for employment is going to start occurring in August," he said.

The terminal, which cost approximately $42 million to construct, will provide the capacity to export two million tonnes of wood pellets annually, creating a strategic trade gateway for the expanding bio-fuel industry across Northern British Columbia. Pinnacle operates six pellet manufacturing facilities in the communities of Houston, Burns Lake, Meadowbank, Quesnel, Williams Lake and Armstrong, supporting 350 jobs in those operations.

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