Oh, Justin:
One thing I forgot to mention that I didn't see on your plan - WATER! Pulp and paper making uses HUGE volumes of water; the bleached and screened wood fiber is suspended in tens of thousands of gallons of water to be processed until it is dried into sheets. In addition, certain processes in many mills use large quantities of steam to help "digest" wood chips into fiber, and also to dry the fiber slurry into solid craft or paper. That steam requires lots of water. So, it is very common to find such mills on bays or rivers. The mill I worked at had a water plant that treated 15 million gallons of river water per day for use in the manufacturing process.
The edge of the body of water could be easily modeled without taking up too much room, and would greatly improve the realism of the mill (and power plant, too) and add variety to the scenery. Just a thought while you're in the planning stages!