Residents of Midway BC take ownership of local mill

August 31, 2011

Residents of Midway BC are now the owners of their local mill. Originally closed down in 2007, local residents invested a sum of $250,000 to become shareholders and give the mill a “new lease on life”. They needed to raise an additional $750,000 by August 31st to meet a mortgage payment deadline. The deadline was met and now the mill is set to reopen this October. The mill will create at least 35 jobs and will be renamed the Boundary Sawmill, the original name the mill held when it first opened. Read more in the Vancouver Sun.