An update is coming today on Kruger’s plans to revitalize Corner Brook Pulp and Paper.

The company has proposed a $700 million plan to secure operations at the facility.

The project will see the current paper mill modernized, adding a new pulp storage facility, the upgrade of site infrastructure and the implementation of chip handling and receiving equipment.

A biomass unloading and drying system will also be installed.

The project will also include spending on the Deer Lake and Watsons Pond hydro facilities to help maximize capacity and the development of a private wind farm to support the operation of the mill site.

Vice President of Special projects at Kruger, Darren Pelley will deliver an update today to the Greater Corner Brook Board of Trade at the Glynmill Inn over the lunch hour.

VOCM News will have an update when it becomes available.