Red Leaf Pulp Ltd., developer of a proprietary wheat straw-based pulp mill, announced the Company will locate its initial facility in Regina, Saskatchewan. The Company has secured properties on the west side of the City of Regina and will commence construction of the $350 Million facility in early 2022. The initial plant will have the capacity to produce approximately 182,000 tonnes of market pulp annually from waste wheat straw collected and aggregated from local producers. This represents a $350 Million direct investment in the local community and is expected to create 110 permanent full-time jobs, and 250 jobs during construction.

or the first quarter of 2018, total revenue decreased by $23.4 million, or 92.5%, to $1.9 million from $25.3 million for the same period of the prior year. Gross loss was $0.7 million for the first quarter of 2018, compared to gross profit of $5.7 million for the same period of the prior year. Click Read More below for additional information.

As the United States solicits feedback on the U.S.-Mexico-Canada Agreement ahead of the deal’s review next year, manufacturers are mulling how they can minimize their exposure to tariffs. Cross-border trade in North America has already gone through a series of changes, first with the scrapping of the North American Free Trade Agreement for USMCA in 2020, then with 25% tariffs placed on imports from Canada and Mexico earlier this year. A tariff exemption was granted for USMCA-compliant goods, although levies on non-qualifying imports from Canada now face a 35% duty. Mexico and Canada are the U.S.’ largest trading partners, with the country importing $505.5 billion and $411.9 billion worth of goods from the countries in 2024, respectively. The tariff exemption has led many firms already manufacturing in and sourcing from the two nations to reevaluate their products to see what qualifies. Some have seen increased business or a competitive advantage due to their existing compliance with USMCA. But the tariff situation has been too fluid to prompt major moves for manufacturers with global supply chains, according to trade consultants and attorneys.