Ontario's first cross laminated timber plant will create jobs and support the forestry
St. Thomas, July 23, 2019 - The Ontario government is opening the forest industry
to jobs and promoting the use of sustainable renewable resources by investing in
the province's first cross laminated timber plant.
Today John Yakabuski, Minister of Natural Resources and Forestry, announced an investment
of almost $5 million in Element5's new facility, which will create over 60 jobs
in St. Thomas.
The $32 million manufacturing facility will help support the forestry sector's 150,000
direct and indirect jobs in Ontario. Element5's facility will be one of North America's
first fully automated cross laminated timber plants. It will provide an environmentally
friendly product that will be used to construct buildings and for other infrastructure
projects in Canada and the U.S.
"Our government is working hard to make Ontario open for business and open for jobs
by creating an environment where job creators can grow, invest and thrive," said
Minister Yakabuski. "Element5's new facility will showcase the kind of innovation
we want to see more of in Ontario."
The government committed to increasing the use of timber in the home building industry
through the Made-in-Ontario Environment Plan and the Housing Supply Action Plan.
This includes increasing the use of Ontario timber in buildings, and for construction
and renovation to reduce emissions and encouraging mass timber demonstration projects.
"I'm pleased to support Element5's work to create cost-effective and environmentally
friendly building materials from sustainable renewable resources," says Jeff Yurek,
Minister of the Environment, Conservation and Parks and MPP for Elgin-Middlesex-London.
"This investment will reduce carbon dioxide emissions and create jobs right here
in Ontario and in St. Thomas, contributing to our goal of balancing a healthy environment
and a healthy economy."
"Mass timber construction will be an important innovation that can help bring housing
to market faster, while still meeting the high standards in the Ontario Building
Code to protect public health and safety," said Steve Clark, Minister of Municipal
Affairs and Housing. "This is all part our plan to give the people of Ontario more
housing and more choice."
The investment is being made through Ontario's Forestry Growth Fund, which provides
funding for forestry sector projects that improve productivity and innovation, enhance
competitiveness, support new market access, and strengthen supply chains and regional
"Our government's open for business and open for jobs approach is restoring Ontario's
competitiveness as a place for businesses to invest, innovate and create jobs,"
said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. "Element5's
new facility will create opportunities for local families, new markets for the forestry
sector and reinforce Ontario's reputation for manufacturing innovation. It's a project
we are proud to support."