ONTARIO - Ontario is investing nearly $3.2 million in Columbia Forest Products' plywood mill in Hearst, Ontario and its hardwood veneer plant in Rutherglen, Ontario.
Over five years, the money will support Columbia's infrastructure project, enabling it to create and maintain nearly 350 jobs and support economic growth in the area. Columbia will modernize its equipment, maximize production capacity, increase competitiveness, and expand into new markets.
“A respectful working relationship between the Ontario government, our union partners and Columbia’s leadership team in Ontario continues to strengthen as evidenced by the ongoing expansion and modernization of Columbia’s Ontario hardwood plywood and veneer operations — a positive case study that witnesses complementary organizations working together to build a solid future for Columbia’s dedicated Ontario team members,” said Gary Gillespie, executive vice-president of Canadian plywood and decorative veneer operations at Columbia Forest Products.
“I am happy to see the investment we are making in northern Ontario, and the support this will provide to families in Ontario,” said Minister of Economic Development and Growth Steven Del Duca.
Columbia Forest Products is one of North America's largest manufacturers of hardwood plywood and hardwood veneer products. Columbia's decorative interior veneers and panels are used in high-end cabinetry, fine furniture, architectural millwork and commercial fixtures.
By generating over $15.3 billion in revenues and supporting approximately 172,000 direct and indirect jobs, the forestry sector is a significant part of communities across the province.
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