Blackville Enterprises Ltd. Blackville Wood Processing Centre December 2015 Miramichi’s Last Chance For a Sawmill ? Blackville Vision • Saw mill producing 60 million board feet lumber annually • Pellet mill producing 75,000 metric tonnes white pellets • 140 employees • $34 million project Vision is to re-establish saw mill in Blackville • Invest $20,000,000 in relocating Miramichi Lumber saw mill, rebuilding and modernizing facility • Invest $3,000,0000 in retro fitting kilns and planner and new heat plant • Invest $6,000,000 in pellet mill to process biomass, pulp and mill by products • Working capital investment $5,000,000 Bright future for Blackville with this business plan SFJP Fibre consumption Tree length crown allocation, m3 SFJP Large pulp to Arbec Crown consumption in Blackville Private and First Nation roundwood Total consumption SFJP in Blackville 240,000 -40,000 200,000 100,000 300,000 SFJP Fibre consumption Saw mill, m3 saw material 225,000 Pellet mill, • pulp and bio mass, m3 • saw mill residues, m3 (chips, sawdust, shavings) 75,000 100,000 Heat plant, m3 of bark 36,000 Bright future for Blackville with our business plan Finance Miramichi Lumber investment New capital Total capital $ 8,000,000 $ 8,000,000 $16,000,000 New long term debt – capital New working capital debt 13,000,000 5,000,000 $34,000,000 Bright future for Blackville with this business plan Next steps and estimated time lines 1. ONB needs to allow Miramichi Lumber to participate in plan (only chance of recovery of their investment in Miramichi Lumber) 2. DNR needs to allocate crown wood (less than 20% of SFJP on License 3) 3. Complete financing, but all conditional on steps 1&2, 6 months 4. Construction facility, 12 months 5. Target opening July 2017 Economic Impact for Miramichi Region Regional economy contribution, direct and indirect • • • • Jobs Wages All taxes Economic impact 400 $ 20,000,000 $ 10,000,000 $ 50,000,000 Support? QUESTIONS ? SUGGESTIONS ? WILL YOU SUPPORT THIS PLAN?
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