Kootenay BizBlog » by Keith Powell
Business developments in the Kootenays…
Edgewater lumber producer secures forest fibre supply
WoodEx is a primary sawmill (124 MMFBM capacity) located in Edgewater, B.C. and has recently signed an agreement with the Akisqnuknik Development Corporation of the Windermere Valley (Akisqnuknik office pictured.)
WoodEx currently creates and exports value-added lumber products, primarily for the Chinese and Japanese market. The mill does not have its own forest tenure, so can now tap into some 5,000 cubic metres of timber on Akisqnuknik lands.
“The secure source of fibre the agreement establishes will give WoodEx the long-term stability to make some much-needed upgrades to its operation,” Douglas Riddell, president and CEO of WoodEx recently told the Columbia Valley Pioneer newspaper.
The article also stated that the Akiqnuknik Development Corporation would like to harvest up to 100,000 cubic metres of allowable cut volume through the deal in the future.
Source: Columbia Valley Pioneer.
Keith Powell is the publisher and founder of Kootenay Business magazine which is part of the Koocanusa Publications family. He has written a regular sales and marketing column, called Ad Talk, in Kootenay Business magazine for over 20 years. He also writes a daily business blog about business developments in the Kootenays. He is a director of Kootenay Rockies Tourism.
E-mail Keith if you have a business story idea.