AV Terrace Bay Receives First Delivery of Wood Fibre From Mkwa Timber LP
TERRACE BAY, MARCH 24, 2016 – Tuesday, AV Terrace Bay Inc. (AVTB) received its first
delivery of wood fibre from Mkwa Timber LP. This shipment comes following the February
announcement of the agreement between Mkwa Timber LP and AVTB.
This inaugural delivery of wood fibre is the first shipment since Biigtigong Nishnaabeg (formerly
Pic River First Nation) took possession of its new Ponsee harvesting equipment in January. Both
parties are excited about the potential harvest capacity and the growing relationship between
Mkwa Timber and AVTB. Mkwa Timber has become a significant fibre supplier and its wood
fibre is part of AV Terrace Bays’ committed Crown fibre supply from the Pic River Forest, which is
being sustainably managed by the Nawiinginokiima Forest Management Corporation.
“To witness the first delivery of wood fibre from our partner, Mkwa Timber, at AVTB on Tuesday
was a proud moment for both parties. It was a testament to the hard work that Mkwa Timber
has had to undergo to become a supplier of sustainable fibre and to meet the stringent quality
standards AVTB expects.”
– Giovanni Iadeluca, CEO, AV Terrace Bay Inc.
About MKWA Timber
Biigtigong Nishnaabeg took possession of its new Ponsee harvesting equipment in January, enabling
its forestry company, Mkwa Timber, to start harvesting off its traditional land this winter. As part of
their continued growth, Biigtigong Nishnaabeg is looking forward to an ongoing relationship with
AVTB to create new opportunities for employment, increased interest in ongoing forestry initiatives
and added supply stability.
The goal is to establish Mkwa Timber as a consistent supplier of sustainable fibre to Northern Ontario
mills and continue to grow their local economy and workforce.