In a recent government meeting, discussions centered around Project Arcadia's proposal to acquire a local paper mill, which has sparked both interest and skepticism among stakeholders. The proposal comes in the wake of the previous owner, Cascades, exiting the market, raising questions about the viability of the mill's operations.
Supporters of Project Arcadia emphasized the company's long-standing relationship with the mill, having been a customer for decades. They highlighted that Arcadia possesses the necessary market knowledge and logistical capabilities to successfully operate the facility. The project is seen as a significant investment, requiring substantial financial commitment and expertise, with assurances that the team involved has extensive experience in mill operations.
The city, currently unable to manage the mill, is considering the sale as a means to avoid the lengthy and costly process of demolition. Project Arcadia representatives noted that the mill's revival could create approximately 60 family-wage jobs, with hiring expected to begin within six months after the due diligence period concludes.
Concerns were raised regarding water rights associated with the mill, but Arcadia confirmed that they would share any future curtailments with the city, ensuring a collaborative approach to resource management.
The city council is urged to view this opportunity favorably, as it represents a rare chance to revitalize a legacy industry in the community. As discussions continue, stakeholders remain hopeful for a positive outcome that could lead to the mill's operational resurgence and economic benefits for the region.