Four First Nations complete historic purchase of former Plateau Sawmill
VANDERHOOF — Four northern British Columbia First Nations have completed a landmark acquisition of the former Canfor Plateau Sawmill property, a move leaders say will create new opportunities for economic growth, job creation and economic reconciliation across the region.
The sale officially closed on June 30, transferring ownership of the former sawmill site and associated assets to a partnership consisting of Stellat’en First Nation, Nadleh Whut’en First Nation, Saik’uz First Nation and Lheidli T’enneh First Nation.
The acquisition establishes the Ncha Koh Industrial Park, a First Nations-owned industrial development that leaders describe as a transformational investment in the future of the region.
Located in Vanderhoof within Yinka Dene territory, the property includes approximately 1,070 acres of industrial lands, a rock quarry, rail siding and equipment previously used in Plateau operations. The property and assets were purchased outright by the four First Nations through their corporate entities and will be held as a fee-simple asset.
