A B.C. renewable energy company intends to build a $40-million wood-pellet manufacturing plant on an old sawmill site near downtown Chase.

If village residents and council approve, the Aylmer Road facility would employ about 25 locals and provide an additional 15 offshoot jobs, particularly in transporting wood to the site, said Leroy Reitsma, president and CEO of Pinnacle Renewable Energy Group.

“There’s probably 40 jobs in Chase that would be directly tied to that operation,” Reitsma told The Daily News. “Then there’s obviously the spin-off with increased rail activity et cetera.”