San Group to invest $100M in four forestry-based projects
June 21, 2021 By Ellen Cools
Earlier this month, San Group announced it will invest $100 million into its Port Alberni, B.C., forestry operations in the next year.
The investment includes $50-$60 million for an agreement to ship lumber via container ships from Port Alberni’s deep sea port, reports Alberni Valley News. The company will also invest $15 million in its Coulson sawmill for a new second line that can process small, low-grade or odd-shaped logs.
Meanwhile, another $15 million will help move San Group’s remanufacturing facility in the city into phase 4, adding more automation and CNC technology.
Finally, another $15 million will be invested in the San Specialty Sawmill to create a biomass facility that will use the shavings and sawdust from San Group’s operations. The company plans to turn any wood waste that cannot be used in their facilities or the neighbouring Paper Excellence paper mill into wood pellets.
Read the full story here.
Print this page