Ontario Invests CA$3.3 Million in Ontario Truss & Wall Expansion

The Ontario government announced more than CA$3.3 million (US$2.3 million) in funding for Ontario Truss & Wall to expand production of wood building materials and support construction-sector growth.

Founded in 1982, the company is completing a CA$11 million expansion at its Foxboro facility. Funding through the Forest Sector Investment and Innovation Program will support automated manufacturing equipment and 20,000 square feet of additional production space, increasing capacity by nearly 70%.

The project is expected to create 13 jobs, retain 50 positions, and support about 100 additional jobs across the regional forestry supply chain.

As of July, Ontario had approved nearly $98 million through the program, helping leverage more than $540 million in additional investment.

Kevin Holland, Associate Minister of Forestry and Forest Products, said:

“Ontario’s forest sector businesses have manufactured high-quality construction materials for generations, establishing our province as a forest product leader in the G7. Under our forest sector roadmap, our government is accelerating sector productivity to help build homes and businesses faster and more affordably with Ontario wood.”


FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.