Kruger unveils a USD 700 million plan to transform Corner Brook Pulp and Paper into a sustainable, competitive manufacturing hub.
Jul 28, 2025
Kruger Inc. has announced a major diversification strategy that includes an investment of up to USD 700 million to revamp Corner Brook Pulp and Paper Limited into a modern and sustainable manufacturing complex. The plan, subject to approvals from key industry stakeholders, aims to ensure the long-term viability of the mill while bolstering the provincial forestry sector and supporting employment across Newfoundland and Labrador.
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The transformation project will involve modernizing paper operations, building new pulp storage, upgrading chip handling systems, and installing biomass infrastructure to boost the mill’s cogeneration capabilities. It also includes enhancements to hydro facilities at Deer Lake and Watsons Pond to maximize energy output, as well as the construction of a dedicated wind farm to further power the site sustainably. These initiatives are expected to support future sawmill expansion and generate significant construction-related employment.
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Kruger is currently in discussions with the Government of Newfoundland and Labrador regarding the plan. This investment is expected to position Corner Brook Pulp and Paper as one of the most advanced and competitive mills in the global pulp and paper industry.
