OSB mill construction set to begin in Prince Albert in 2025; One Sky Forest Products timber allocation increased

By Nigel Maxwell
Prince Albert NOW
September 12, 2024
Category: Business & Politics
Region: Canada, Canada West

Scott Moe

PRINCE ALBERT, Saskatchewan — The stage has been set for an oriented strand board mill to begin construction in Prince Albert. Premier Scott Moe announced Thursday that the province has allocated nearly 1.2 million cubic metres of timber to One Sky Forest Products. “This allocation positions the industry to meet that growth target, working with Indigenous businesses and creating jobs for northern residents, further protecting and promoting Saskatchewan,” said Moe. One Sky was formed in 2020 by Montreal Lake Business Ventures, Meadow Lake Tribal Council, Big River First Nation and Tatanka Oyate Holdings, who brought in Peak Renewables – a BC forest products company – as an industry shareholder. …The OSB plant, which was originally announced in 2021, will share a site with the Paper Excellence pulp mill. …Construction on the $400 million plant is anticipated to begin in 2025 and open in 2027. It’s expected to create an estimated 800 direct and indirect jobs.

Read More