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Local History > Newspaper Articles on Hudson Bay's Forest Industry

$2,500,000 Plant Would Boost Forest Industry In HB

August 12, 1959 -- The announcement by Wizewood Products Limited, Prince Albert, to build a $2,500,000 plant for the production of poplar building board in Hudson Bay, promises a tremendous boost to the forest products industry in this area.

At a meeting with local businessmen, members of the Town Council and Board of Trade, Monday evening, Wizewood company officials discussed the various aspects of the new industry.

Mayor Allan Anderson chaired the meeting and introduced W.F. Thorpe, president of Wizewood Products Limited; J. Korodi, general manager and J. Meyer, industrial consultant with the Industrial Development Office, Regina.

Mr. Thorpe outline the general organization of the new Company and called on Mr. Korodi to describe the details of the plant and its capitalization.

Mr. Korodi, who will be the manager of the Wizewood plant, described the four main products and the process by which they would be manufactured. He also pointed out that the company may be interested in securing local capital to insure the controlling interest of the plant to Saskatchewan people.

Both company officials went into some detail to describe their sentiments regarding the capitalization of the new plant through the subscription of Saskatchewan residents and expressed their hopes that local residents would subscribe funds and do everything possible to co-operate in assisting the Company to become established here.

Mayor Anderson pledged the support of the Town in matters pertaining to housing, etc.

The new plant will be located just south of the Town limits on the west side of the highway. Constructed in a T formation, the plant will measure 450 x 120 across the end of the T and 320 x 120 on the long end.

Employing some 60 to 70 people on a three-shift basis, the plant will have a maximum payroll of over $200,000. Approximately 25 thousand cords of poplar bolts will be required for the 75 ton capacity mill.

Four different kinds of board will be produced: Foundation Board of dimensions from one quarter to three quarter inch; outside sheeting from five sixteenths to three quarter inch; inside wall paneling in quarter inch only and floor underlay in five sixteenths to three quarter dimensions.

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