Where there’s a mill there’s a way

Canfor re-opens facility in Radium Hot Springs after almost $40 million investment

  • Nov. 1, 2012 8:00 a.m.

Top: An interior view of the mill at Radium Hot Springs. Bottom: A ribbon-cutting was held Wednesday

Townsman Staff

Canfor Corp. has reopened its sawmill in Radium Hot Springs, B.C., spending $38.5 million to upgrade the operating and build a new planer mill.

The company said once the mill is operating at full capacity next year it will produce 240 million board feet annually and employ 144 people.

The mill was closed three and a half years ago, in May, 2009.

In November of 2011, Tembec announced that it was selling its Canal Flats and Elko sawmills, and the associated 1.1 million cubic metres of lumber and cutting rights, to Canfor for $60 million. About 455 employees were included in the transaction, with 90 of those located in the head office in Cranbrook. Tembec still owns the Skookumchuck pulp mill.

After the purchasing the Tembec assets, Canfor said it was investing $38.5 million on the Radium facility, creating a new planer facility, the installation of a biomass energy system, and modifications to the existing sawmill.

Another $1.5 million was to be spent on the Canal Flats mill to improve drying capacity.

“These investments are critical to support the restart of our Radium division,” said Canfor President and CEO Don Kayne at the time.  “The fibre in the Kootenay region is amongst the best in the world, and these investments will secure our ability to make top-quality products here to supply global markets.”

The reopening comes as the U.S. housing sector, a key market for Canadian lumber, appears to be starting to recover.

A recent report suggested that U.S. housing starts should reach 900,000 next year and just over one million in 2014.

With files from Canadian Press

Just Posted

BC Hydro supports Wild Voices for Kids

Hot potato. Making the most of the chilly season, kids in Jaimee… Continue reading

Kimberley Scouts fundraising for Pacific Jamboree trip

Kimberley Scouts have begun fundraising for their Pacific Jamboree trip that will… Continue reading

WildSafeBC Kimberley-Cranbrook releases annual community report

WildSafeBC Kimberley-Cranbrook has released their annual community report and local Community Coordinator… Continue reading

Kimberley SunMine third quarter report

Third quarter was just below projected numbers; City CAO

Green Bay Committee terminates Reach-Out Kootenay Ice ticket campaign

The Green Bay Committee has announced that they shutting up shop, effective… Continue reading

Fashion Fridays: 5 coats you need this winter!

Kim XO, lets you know the best online shopping tips during Fashion Fridays on the Black Press Media Network

California wildfire death toll hits 63

Sheriff says hundreds still missing in nation’s deadliest wildfire

Harsh storms have nearly tripled power outages in last five years, BC Hydro says

More frequent and severe storms have damaged Hydro’s electrical systems since 2013

Trudeau to meet key Pacific trade partners at APEC leaders’ summit

Canada became one of the first six countries to ratify the CPTPP

Judge orders White House to return press pass to CNN’s Acosta

U.S. District Court Judge will decide on White House press credentials of CNN reporter Jim Acosta

WikiLeaks chief could see charges, US court filing suggests

Charges against Julian Assange could help illuminate the question of whether Russia co-ordinated with the Trump campaign

Federal MPs denounce controversial Facebook post targeting Sajjan

Okanagan Conservatives apologize for controversial Facebook post

Canada has enough pipelines to get the moon

Pipelines totalling 840,000 kilometres run across Canada

Migrants streaming into Tijuana, but now face long stay

U.S. border inspectors are processing about 100 asylum claims a day at the main border crossing with San Diego

Most Read