Since output bottomed in 2009, growth in BC’s forestry and manufactured goods averaged about 6 per cent per year through 2013, compared to 2.4 per cent for the economy as a whole, said Central 1 Credit Union Thursday.
Ontario Mill Restart
The plant was formerly known as ATC Panels, and was open from 1997 to 2006 when the doors were closed due to increasing costs, and a drop in demand for fibreboard.
The plant owned by Chilean interests, has been closed since 2008. The improved economic climate and the federal repayable contribution of up to $3 million played key roles in the decision to start up the plant.