Sub Markets

Property Sectors

Topics

Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Maritimes  + Industrial  | 

Kruger Moves $700M Corner Brook Revitalization Into Environmental Review

Montreal-based Kruger is moving a proposed investment of up to $700 million at its Corner Brook Pulp and Paper complex into environmental review, advancing a plan to reposition the century-old industrial site around manufacturing, renewable energy and upgraded infrastructure.

Project Tuckamore was registered with Newfoundland and Labrador regulators Sept. 1. The proposal includes an approximately 155-megawatt wind farm with up to 22 turbines, a new transmission line, upgrades to Kruger’s Deer Lake Power facilities and forestry modernization. Public comments are due Oct. 6, with a ministerial decision expected Oct. 16.

Kruger, a diversified forest products, renewable energy and industrial company, says the broader plan is intended to transform Corner Brook Pulp and Paper at 1 Mill Rd. into an integrated energy and industrial hub while improving the long-term competitiveness of the mill.

Plans include upgrades to paper manufacturing operations, a new pulp storage facility, new chip handling and receiving equipment and a biomass unloading and drying system. Kruger is also proposing improvements to hydroelectric infrastructure at Deer Lake and Watsons Pond.

The investment comes as Corner Brook’s industrial waterfront is also expanding. The Port of Corner Brook opened a new 24,000-SF warehouse in March for logistics, import-export and distribution users and is marketing an approximately 110,000-SF industrial facility at 85 Riverside Dr., about two kilometres from its international container terminal.

The port has also identified additional cargo laydown space and a potential new berth among its future infrastructure priorities as it looks to accommodate increased freight activity.

Connect

Inside The Story

About Joel Bowey

Joel Bowey is Director of Content and Events for Connect CRE in Canada, leading the company’s editorial coverage and industry engagement across the Canadian commercial real estate market. He brings more than 20 years of experience in Canadian journalism and digital media, including senior leadership roles with CTV News, CP24 and BNN Bloomberg. Most recently, he served as Senior Managing Editor at Bell Media, overseeing major newsrooms, national coverage and digital growth initiatives. Throughout his career, Joel has led large editorial teams, covered major Canadian business and economic stories, and helped develop new audiences across platforms. At Connect CRE, he is focused on delivering timely, useful reporting on the people, projects, deals and trends shaping commercial real estate in Canada. Based in the Greater Toronto Area, Joel also represents Connect CRE at industry events and conferences across the country.

  • ◦Development