KILLALOE, Ontario - Ben Hokum & Son Ltd., an Ontario-based lumber manufacturer and the province's largest producer of pine, will receive a $5.5 million investment from the Ontario government. The goal? Protect more than 100 jobs, create new five jobs, and buy new technology, according to a news release.
The mill expects to see a significant jump in domestic sales and exports.
“Ben Hokum & Son Ltd. is an Ontario success story and I am pleased to see how this business supports local employment and the economy,” said John Yakabuski, Ontario Minister of Natural Resources and Forestry, in a statement. “When an independent sawmill is succeeding, so do the harvesters it buys from and the manufacturers it sells by-products too. This was not just an investment in Ben Hokum & Son Ltd., but an investment in this community and the forestry sector as a whole.”
"This is truly an investment in our people, to provide more opportunities for our youth, and all those in rural eastern Ontario who are involved in the forestry industry in one way or another," said Dean Felhaber, President of Ben Hokum & Son Ltd. "The government of Ontario's strong support of a sustainable and growing forest industry in our province bodes well for a bright future for all those communities who rely directly or indirectly on forestry for their livelihood."
Ben Hokum & Son Limited produces up to 40 million board feet of lumber annually in all species. The major product of the Hokum mill is white pine, of which it produces 15-20 million board feet annually.
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