Investment in homegrown wood products company supports job creation and expansion in Ontario’s forestry sector
Our PC government is committed to encouraging job creation in Ontario’s vital forest sector as we work to get the economy back on track.
To that end, we’re providing $2 million to Oxford Pallet to expand its operations and introduce innovative robotic and vision equipment to boost productivity and create local jobs. This investment will create 20 new jobs, double the plant’s production capacity, and increase lumber purchases from regional sawmills and lumber wholesalers in Ontario by 30 per cent.
Oxford Pallet, which provides essential wood products, is the first company to be approved for funding under the Forest Sector Investment and Innovation Program.
“These investments are absolutely critical to support the province’s vital forestry sector and start us down the road to a strong economic recovery,” said John Yakabuski, MPP for Renfrew—Nipissing—Pembroke and Minister of Natural Resources and Forestry. “We will continue to do everything we can to support our local businesses and forest sector to create good-paying jobs and economic opportunities in every community across this province.”
This investment will not only create jobs for the local community, it will support an industry that thousands of families across this province depend on.