Calgary rail company acquires former Canfor pulp mill in Northeast B.C.

Buffalo Rail & Infrastructure announced its $7 million acquisition of Canfor Pulp Products’ recently discontinued pulp mill assets.

The Taylor Pulp Mill has been idle since the first quarter of 2022 due to ongoing uncertainty with regards to the availability of economically viable fibre in the region and market weakness for its product — Bleached ChemiThermo Mechanical Pulp (BCTMP). The mill has the installed capacity to produce 230,000 air-dried metric tonnes per year of BCTMP.

“When one door closes, another one opens for this site,” said Jarrett Zielinski, President & CEO of Buffalo. “We, along with our stakeholders at Buffalo Rail, were able to establish new uses for the discontinued pulp mill that will optimize the site’s characteristics and support industrial growth in the region. The multi-phased, multi-year development provides a much-needed response to the changing logistics and supply chains needs of industrial participants across multiple industries and sectors in Western Canada and beyond.”

Robert Reimer, Chief Financial Officer of Buffalo, commented, “We appreciated working with Kevin Edgson and the folks at Canfor Pulp Products Inc. on this transaction and look forward to working with the community to develop this strategically important site. The features of this site provide boundless opportunity to support the industrial growth forecast for the region.”