The staff at Copper Coast are fresh of another successful BC Home show - this time in Nanaimo. is always, we would like to thank those who came by the booth to visit, chit chat and learn more about our hidden gem of a project! No matter the visitor - young or old - everyone seems to be getting geared up and excited for the upcoming fishing season.
Besides the excitement surrounding the fishing season there is also a real buzz around the Village of Port Alice. On February 11th of this calendar year, Zhejiang Fulida (China’s largest producer of rayon fabrics) purchased 100% of Port Alice’s Neucel specialty mill which produces a specialty cellulose pulp product. This outright purchase from private equity investors Wellspring Capital doubles the investment by Fulida as they previously owned a 50% stake in the mill. You can read more about the acquisition by clicking here
This bodes well for not only the Village, but for the entire North Island. With global economies rebounding back to firm footing we are seeing more foreign investment and the North Island definitely has it’s share of commodities to offer. Anyone currently experiencing the recent gale force winds on the North Island can attest to the fact that investors looking at wind generation projects are on the right track!!
We sincerely hope February was a great month for you all and have a great March.