There is significant investment opportunity in the Bancroft area to capitalize on the wood supply available, such as pulp wood chips and sawmill residuals. The recent announcement by Cascades to permanently close their Trenton mill has opened up an opportunity for new investment. Cascades' Trenton mill was the primary home for all low-grade hardwood produced from the region; it was an anchor in the local forestry community for a century and its closure has left a deep hole in the fabric of our companies’ respective wood supply destinations. The Shares held by Cascades, along with its wood supply commitments were made available as of September, 2024 which provides an opportunity for new investment in the area to capitalize on the pent-up supply available.
For more detailed information on the current supply and connections with our forestry companies, you are welcome to contact us directly, or reach out to Svetlana Zeran, General Manager of the Bancroft Minden Forest Company Inc. https://bmfci.ca/our-team/