Quebec Loans Sawmill $360,000 for Equipment
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SAINT-LOUIS-DE-BLANDFORD, QUEBEC- A Canadian sawmill, Scierie Blondeau Inc., received $360,000 in equipment loans from tan arm of the provincial government.

Quebec Loans Sawmill $360,000 for EquipmentFounded in 1974, Scierie Blondeau Inc. specializes in primary wood processing. The new equipment will allow the sawmill to diversify and begin manufacturing value-added products as exterior siding, form lumber and treated timber for the secondary wood processing markets.

The loan funding was been granted through the Temporary Initiative for the Strengthening of Quebec's Forest Economies (TISQFE), launched in June 2010 to help communities hit by the forestry crisis diversify their economies and support small and medium-sized businesses secure sustainable development.

Last July 14, the Government of Canada announced said it would allocate another $20 million in funding over two years to support the Quebec silvicultural sector through 2012. Quebec also allocated $1 billion granted to the Pulp and Paper Green Transformation Program to support environmentally-friendly projects and $230 million for silvicultural work and the restoration of bridges and culverts on multi-use forest roads.

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