FORT ST. JOHN, B.C. – Buffalo Rail & Infrastructure announced it has acquired Canfor Pulp Products’ recently discontinued pulp mill assets, including 300-plus acres of heavy industrial land, in Taylor, B.C., for $7 million.
The property will be repurposed over time into a multi-use industrial distribution and logistics hub focused on serving the region’s energy, agricultural and forestry industries, a Buffalo Rail release said.
“When one door closes, another one opens for this site. 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,” Buffalo Rail president and CEO Jarrett Zielinski said in a statement.
The first phase of development anticipates 100 construction jobs along with 30 full-time permanent jobs onsite, the release said, and will involve an estimated capital investment of $50 million in the area.
Buffalo Rail & Infrastructure Corp. was created in 2023 and is headquartered in Calgary, Alta.
Phase one is expected to become operational around Q2 2025.
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