Grant to help Lignum Veneer transition to Industry 4.0

Lignum Veneer is planning to transition to Industry 4.0, which the company says will help it keep up with demand.

VICTORIAVILLE, Q.C. --  A grant from the Quebec government is helping a veneer company make the transition to Industry 4.0. 

The Canada Economic Development for Quebec Regions (CED) awarded Lignum Veneer a repayable contribution of $200,000.

The CED support will enable the Victoriaville business to make the Industry 4.0 shift by "improving its innovative processes and productivity."

Lignum Veneer has made a name for itself in the seaming of veneer sheets made with various types of wood, according to a CED statement. Through CED's financial support, the business will be able to acquire and install specialized production equipment in its plant, which is currently operating at full capacity. Digital technology will make it possible to improve the constancy and quality of this innovative SME's products, while also maximizing value-added tasks.

Pascale St-.Onge, member of parliament for Brome–Missisquoi, and the minister responsible for CED, said, “With our government's financial assistance, Lignum Veneer will be able to improve its production line and meet the growing demand for its products. Its contribution to the economic vitality of Victoriaville and the Centre-du-Québec region is significant, and our entire economy will benefit from the success and spinoffs of its project."

The funds have been granted under CED's Regional Economic Growth through Innovation program. This program targets entrepreneurs leveraging innovation to grow their businesses and enhance their competitiveness, as well as regional economic stakeholders helping to create an entrepreneurial environment conducive to innovation and growth for all, across all regions

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Larry Adams | Editor

Larry Adams is a Chicago-based writer and editor who writes about how things get done. A former wire service and community newspaper reporter, Larry is an award-winning writer with more than three decades of experience. In addition to writing about woodworking, he has covered science, metrology, metalworking, industrial design, quality control, imaging, Swiss and micromanufacturing . He was previously a Tabbie Award winner for his coverage of nano-based coatings technology for the automotive industry. Larry volunteers for the historic preservation group, the Kalo Foundation/Ianelli Studios, and the science-based group, Chicago Council on Science and Technology (C2ST).