Mackenzie Pulp Mill Development Corp. takes over mill

A new company, Mackenzie Pulp Mill Development Corp., has reached an agreement to take possession of the Worthington Mackenzie pulp mill for the next 6 months.

Mackenzie Pulp Mill Development Corp. includes local investors from the Mackenzie, British Columbia area: Fort St. James-based K&D Logging, the McLeod Lake Indian Band-owned Duz Cho Logging, Vancouver Island-based Interior Fibre Management, and Tanner Elton & Associates.

Mackenzie Pulp Mill Development Corp. also has an exclusive option to purchase the mill, but stresses it will not be operating the mill. They will, however, be spearheading the hunt for a new owner, as well as trying to put in place elements that will make a sale more straight forward, including securing long-term wood fibre for the pulp mill.

The development corporation says its key focus is to protect the pulp mill's assets and infrastructure during the winter by keeping critical equipment warm. If the mill was not kept warm during the winter in some fashion, workers believed that damage would be so extensive there would be no chance of ever re-opening the plant.

Source:

Shuttered Mackenzie pulp mill thrown a life line (Prince George Citizen)