Gov. Announces Progress Made
On Restarting Ketchikan Veneer Mill
August 22, 2003
Friday - 12:20 pm
Ketchikan, AK - Governor Frank Murkowski today announced the
administration has made significant progress on restarting the
shuttered veneer mill located at Ketchikan's Wards Cove. According
to information provided by the Office of the Governor, based
on the progress made by the administration, Timber Products Corporation
of Eugene, Oregon, has agreed to resume negotiations with the
state and other key parties to open the plant.
Now Shuttered Veneer
Mill - Wards Cove
The old GFP...
File photo by Dick Kauffman
Murkowski toured the mill on
August 8th, one day after holding a meeting in Juneau with all
the key players involved in a potential restart. Since that time,
administration staff has been working to remove impediments that
were identified at the August 7th meeting.
Wards Cove
On the far right can
be seen the now shuttered veneer mill
File photo by Dick Kauffman
"There were three significant roadblocks, which we believe
we have been able to overcome," Murkowski said. "First
was to secure an adequate timber supply to provide operational
certainty for the first few years of operation. We have identified
sufficient timber from state lands that we can offer to provide
a startup volume for the plant. Second, we have assisted in finding
a source of capital that will be needed to bring the plant back
up to operating condition. And third, we are working with the
Ketchikan Gateway Borough to expedite permit actions that will
be needed."
Murkowski said he has directed
his staff to work with Timber Products, the borough and other
parties that will be involved to facilitate the negotiations,
with the goal of reopening the plant as soon as possible.
Source of News Release:
Office of the Governor
Web Site
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