On November 6 Interfor announced its plans to invest $50 million in state-of-the-art technology for their sawmill operation in Castlegar.
Interfor said this investment is the latest in a series of proactive decisions towards building value for their customers and positioning Interfor for future success.
The project will convert the mill into a two-line operation from three lines, as well as increase production capacity to 210 million board feet from its current level of 185 million board feet.
This investment aims to significantly improve lumber recovery, productivity and grade out-turns at the facility, and lower conversion costs.
Mayor Lawrence Chernoff and city council are very enthusiastic about the project.
“We welcome Interfor’s decision to invest so heavily in the Castlegar Interfor mill,” said Chernoff, “We are very glad that a major employer in our community has recognized the investment potential of its facility in our community.”
Construction will begin this month, and is expected to be completed by the first quarter of 2016.
Interfor has stated that there will be some downtime during construction but no customer supply or service disruptions at any point.