New Brunswick government bids for timberlands tied to AV Nackawic mill
New Brunswick's government has submitted a confidential bid for privately owned timberlands linked to AV Nackawic's dissolving pulp mill, to secure wood-fibre access as the facility halts production on 4 November 2026. The province has separately engaged AFRY to review options for the mill, including potential buyers, while LandVest markets a related 106,574-acre timberland portfolio with sealed bids due 17 December 2026.
Why this mattersA government move to control fibre supply signals a possible restart path for a major dissolving-pulp asset, shaping regional wood markets and mill employment.
- Mill production is scheduled to stop on 4 November 2026.
- The facility employs approximately 350 people.
- Annual dissolving-pulp capacity is around 190,000 tonnes.
- LandVest's Project Riverwood portfolio covers 106,574 acres (about 43,130 hectares) in York and Carleton counties.
- Sealed bids for the timberland portfolio are due 17 December 2026.
- New Brunswick's government also engaged AFRY to assess options for the mill, including prospective buyers.
Sources
papnews.com