First Nations Invest in Hornepayne Mill, Cogen Facility

Hornepayne Lumber and Hornepayne Power are receiving a $4 million equity investment from an alliance of three First Nation communities in northeastern Ontario. The investment group, Northeast Superior First Nation Investment LP, is taking a 30 per cent ownership stake in the dimensional lumber mill and co-generation plant, according to a report in Northern Ontario Business.

The investment group consists of the Missanabie Cree, Chapleau Cree and Netamisakomik Anishinabek (Pic Mobert) First Nation. read more >>