Ontario invests $1.8 million in new forest sector technology at Niagara Pallet

The Government of Ontario
August 24, 2023
Category: Business & Politics
Region: Canada, Canada East

SMITHVILLE, Ontario – The Government of Ontario is investing $1.8 million to help Niagara Pallet expand its production facility and install automated pallet-making equipment. This investment will triple pallet production, increase the company’s sales by 46% and create 30 new jobs. “This investment in Niagara Pallet is giving a thriving forest sector business the facilities and the tools to take its operations to the next level,” said Graydon Smith, Minister. Niagara Pallet’s $9 million project will add 60,000 square feet of production space. The project is expected to double the company’s U.S. export sales. …Expanded production at Niagara Pallet will also strengthen the province’s forest sector supply chain – the company will increase its purchases of Ontario lumber by 60 per cent, providing greater opportunity for lumber harvesters, sawmills and trucking. Government funding for this project is provided by the Forest Sector Investment and Innovation Program.

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