Kalesnikoff Mass Timber’s expansion project is moving forward as the company has secured land from the City of Castlegar and a $6.7 million grant from the provincial government. Kalesnikoff has entered into a lease-to-purchase agreement with the City of Castlegar for a new facility on a 7.5-hectare portion of 195 Highway 3A near the new FedEx building at the West Kootenay Regional Airport Lands. …In a public Notice of Disposition, the City of Castlegar said the property will be subject to a three-year lease-to-purchase agreement with monthly base rent set at $39,770 and applied toward the purchase price of $2.25 million. The money received for the purchase will flow into the city’s land reserves fund. The grant is coming from B.C.’s Manufacturing Jobs Fund. …Kalesnikoff says the new facility will add over 100 local jobs to the company’s current employee base of about 320 people across the two existing mass timber and sawmill facilities.
BC Government Press Release: New, sustainable manufacturing jobs coming to Castlegar