Today

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.
AV Group NB
Sources papnews.com
Relevant to you?

Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.