Steve Zika, Hampton Affiliates chief executive officer said to Lakes District News last week that he remains optimistic that Babine Forest Products will be rebuilt. Hampton Affiliates owns a majority share in the local mill that was devastated by an explosion and fire on Jan. 20, 2012. Zika said to Lakes District News that the mill is insured for its replacement cost and while Zika said he can’t elaborate on the details of the insurance policy, he said that generally the policy covers the cost of rebuilding the mill or alternatively a [cash] payout.
He said the insurance company’s assessors arrived in Burns Lake last week, but he added that he is unsure of how much access to the site they have at this point. He said Worksafe B.C. have control over the site.
Feb 01, 2012
Burns Lake Lakes District News
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