Canada to Invest $500,000 in CLT Manufacturing in Sturgeon Falls, ON
On Tuesday, the Federal Economic Development Agency for Northern Ontario (FedNor) announced an investment of $500,000 (CAD) by the Government of Canada in Sturgeon Falls Brush and Contracting Limited (SFB). The announcement was made on behalf of the Honorable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor.
The funding will help SFB purchase a boiler system that will allow the company to dry lumber to the specific requirements of its clients in the cross-laminated timber industry. The boiler will use biomass from area mills as its heat source.
This project is part of an ongoing expansion by SFB which will see the company grow to meet local market demands. In addition to the purchase of the boiler, this investment will create three skilled positions, while also enabling SFB to sell kiln-dried lumber as a new product offering, increasing revenues for the company. Over the coming years, SFB’s expansion is expected to attract new businesses and investments in Sturgeon Falls.
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