ST. THOMAS, Ontario —Element5 officially opened a new state-of-the-art Glulam production line and expansion to its manufacturing facility in St. Thomas, Ontario. As part of the government’s plan to build a more resilient forestry sector, Ontario Minister of Economic Development, Job Creation and Trade Vic Fedeli announced that Ontario is providing $8 million in funding through the Invest Ontario fund towards the $107 million expansion. Element5’s growth is reinforced by a strategic investment from parent company, the HASSLACHER group, one of Europe’s largest and most innovative timber producers, as well as by partnerships with federal and provincial governments. …The company is Ontario’s first certified manufacturer of cross-laminated timber, and the expansion more than doubles the size of the plant from 130,000 square feet to over 350,000 square feet. The expansion also doubles the facility’s production capacity from 50,000 cubic meters annually to 100,000 cubic meters annually of cross-laminated timber (CLT) and glued-laminated timber (Glulam) products.
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