New Pellet Plant to Create 20 Direct Jobs
By 250 News
Burns Lake, B.C. - A new plant near Burns Lake will produce pellets from mountain pine beetle- killed wood and help boost the local economy. Pinnacle Pellet has officially broken ground on construction of it's newest plant.
Wood pellets are a carbon-neutral alternative to fossil fuels such as coal, and will be made from mountain pine beetle-attacked timber. The estimated 400,000 tonnes per year of wood pellets to be produced at the Burns Lake facility will be exported to European and Asian markets.
"When this pellet plant starts up, we'll be creating more than 20 full-time jobs at the site and about 50 more spin-off jobs," said Pinnacle Pellet chief operating officer Leroy Reitsma. "We're looking forward to working with Babine Forest Products and the
Burns Lake community that includes government agencies, community members, First Nation groups and other stakeholders."
Construction of the $30-million plant is scheduled to be complete by the end of the year.
Pinnacle Pellet Inc. is a privately held company with a reputation for producing high- quality wood pellets. The company is the largest single producer of wood pellets in North America. The current combined production of the existing 5 plants is over 750,000 tonnes annually, most of which is sold to overseas markets.
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