New Brunswick makes bid on woodlot that supplies soon-to-close pulp mill
New Brunswick government is competing to acquire 178 square kilometres of woodland that feeds a pulp mill set to shut down next month. The land is described as a $5.77 per four-week subscription, escalating to $19.95 after 52 weeks, under a commercial non-disclosure agreement. Natural Resources Minister John Herron emphasizes the importance of securing a wood supply for any future forestry sector in the region.
The bid remains confidential, and Herron cannot disclose the exact figure the province is prepared to pay. AV Group NB Inc., linked to the India-based Aditya Birla Group, revealed last month it would halt its AV Nackawic mill west of Fredericton, resulting in the layoff of over 300 workers starting November 4. The government has enlisted AFRY, a management consulting firm, to examine potential avenues for the mill, including possible purchasers.
Government officials have cautioned that the mill's closure will trigger adverse consequences on a forestry sector that has historically been vital to New Brunswick's economy. AV Group NB has not yet provided a response to a request for comment. This report was originally published by The Canadian Press on October 28, 2026.
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