RED LAKE – Two Feathers Forest Products LP, one of Canada’s leading First Nation-led forestry companies, is ready to commence site development and preparation work at the Nungesser Road Industrial Park in Red Lake, it was announced today.
ed Lake’s industrial park has been selected from a shortlist of several potential sites to be the future location of the new Two Feathers Forest Products wood processing facility.
Terry Favelle, President of Two Feathers Forest Products states, “We are ready to get to work on this exciting new forestry venture in Red Lake. This project reflects the realities of today’s forestry sector; it is about promoting job creation and long-term economic development to improve the quality of life in our Northern communities.”
Two Feathers Forest Products is a partnership involving Wabigoon Lake Ojibway Nation, Pikangikum First Nation, Eagle Lake First Nation and Finland’s Wood Tech Group Canada. The partnership is working to realize the construction and operation of value-added forest product facilities.
Two Feathers Forest Products, LP is the anchor tenant in the Nungesser Road Industrial Park. The Red Lake location will include a saw mill line with related kiln drying, sorting, chipping and biomass operations.
An additional 40 tenants are also expected to locate their business at the site.
Mayor Phil Vinet, from the Municipality of Red Lake comments “We are thrilled to see this project starting to take shape in Red Lake. Like many other communities in Northern Ontario, local people and businesses have been seriously impacted by the recent downturn in the forestry industry and overall economy. There has been a significant amount of anticipation surrounding the development of this new wood processing facility; namely due to the new employment and training potential that it brings. Red Lake welcomes Two Feathers Forest Products LP as a new tenant in our industrial park. This is a tremendous development and a significant opportunity for the Municipality and all its stakeholders.”
Construction and development of the site will create an estimated 200 jobs in the Northwest region of Ontario, in addition to injecting millions of dollars into the region’s economy when it is most needed.