Waiting for wood allocation in Mattawa

BioSila Mattawa Inc. purchased the former Tembec sawmill in Mattawa, Ontario for $1 from the Mattawa-Bonfield Economic Development Corp.

BioSila has plans for a wood pellet plant for Mattawa that will employ more than 145 people.

Local shareholders of BioSila Mattawa Inc. include the Mattawa-North Bay Algonquin First Nation and Antoine First Nation.

Future plans for the property include a central biomass plant to provide heat and electricity for future business development. The carbon dioxide emissions from the biomass plant will be used in a 25 acre greenhouse.

More than $20 million in capital investment is going into the business plans.

All of the plans now rest on a wood allocation decision that is expected in early November.

Source:

Wood allocation key to development - Sale of former Tembec site official (North Bay Nugget)