Alberta Newsprint Company (ANC) has spent $74 million on a power plant at their facility. Recently completed, the project generates 65 megawatts of electricity, approximately half of what is required to run ANC’s mill. ANC’s project uses state-of-the-art technology, including 10 Caterpillar reciprocating engines that each produces 8700 horsepower.
Paul Whittaker, President and CEO comments on the project:
“This project reinforces a broader theme in Alberta’s forest industry: the industry is willing to invest to stay competitive. Between 2011 and 2015, Alberta’s forest companies will invest $1.5 billion in capital into facilities throughout the province. To put that into perspective, it’s about $375 dollars for every person in Alberta. We know that every dollar that we invest into capital and technology makes us that much more efficient.”