Pellet Plant Construction Showing Progress

Monday, June 09, 2008 03:56 AM

Prince George, B.C. - Construction continues on the new Pinnacle Pellet plant just north of Dunkley Lumber.

In a partnership with Pioneer Family Timber, Pinnacle acquired the assets of TallOil Cananda. Those assets include four harvesting licenses totalling a little more than 1 million cubic meters per year of timber in the Burns Lake to Quesnel Region. Pinnacle has also recently signed a fibre purchase agreement with Dunkley Lumber.

The construction of the $15 million dollar plant at this particular site allows Pinnacle instant access to rail lines, as the line backs on to the property. It also offers easy access to residue from the Dunkley Lumber mill which is just 3 km down the highway.

Initially, the new plant is expected to create about 20 jobs.

This is the fifth pellet plant for Pinnacle. It currently operates plants in Houston (in partnership with Canfor and the Moricetown First Nations Band), Quesnel, Williams Lake and Armstrong.

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Posted on Monday, June 09, 2008 03:56 AM in News by 250 News

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Comments

Posted by: invisableman on June 9 2008 7:22 AM

One tiny step foward.It may be small but it is going in the right direction.Good news.

Posted by: jay on June 9 2008 7:36 AM

The project being located 80 km south of Prince George will probably benefit Quesnel somewhat more, unless the Co. makes a point of hiring out of PG.

Posted by: YamaDooPolCat on June 9 2008 7:51 AM

Smart company, stay away from Prince George.

Prince George doesn't want to be a mill town any more. We have a council that would rather let us starve first! No more industries that work with oil and timber in PG please!

I'm wondering how long before the airport is asked to leave town? There really is nothing holding those airplanes in the air you know. And they burn fuel and look big and scary!

Posted by: owl on June 9 2008 8:43 AM

Smart company.

Located right next to one of the sources of fibre exactly the same as the original pellet plant in PG which was on Carrier property next to their palnt.

In today's transportation cost challenged market, small, virtually automated plants located next to a source of feedstock make a lot of sense. Less fuel, less drivers, less trucks, less capitalization .... that money can be put directly into manufacturing costs ...

I noticed that Cinema has a new house going up, probably as a result. If it is not a replacement for an existing house, that would probably make it a 5% increase in housing units in 2008.

Phenomenal growth, surpassed only in a few places in Canada!!

;-)

Posted by: He speaks on June 9 2008 9:03 AM

Yama, Actually most of our city councillors want new industries. Its all them bleeding hearts out there that wants to shut them down.

We have to tone them bleeding hearts, or we all will end up selling trinkets at the road sides.

Posted by: owl on June 9 2008 9:41 AM

he speaks .....

actually most of the bleeding hearts want new industry ....

It is all those who think that the industry should:

1. if polluting, use current technology available to bring that down to the level they must comply to in other communities that care about thier population

2. if polluting beyond that and involving air, move them out of the air shed into a new industrial area with proper transportation systems, etc.

3. meet the standards of 2008 and not the standards of 1958 ...

That are trying to smarten up the rest of the community, including some councillors plus the mayor, that to be the most alx community in the province when it comes to community standards of any source will celan out the town of people more quickly than anything you have ever seen in your life ....

times are changing and if we do not change with them, we have had it ..... both people and industry will move quicker than you have ever seen them move .....

Posted by: NMG on June 9 2008 11:08 AM

Well said owl.

Posted by: HD on June 9 2008 11:39 AM

Congratulations to the Swaan brothers!