A new saw mill is taking shape on the site of the former Buchanan Mill outside of Atikokan.
The $50 million project could provide the area with 90 new jobs.
The new mill should begin operating in 2015.
In the meantime, Rentech is putting $22 million into the construction of a new wood pellet facility on the other side of town.
It will supply the Atikokan Generating Station.
This project might be running as early as April 2014. It is expected to create 20 in the region.