Govern­ment backs CLT busi­ness

Australasian Timber - - NEWS -

CANA­DIAN FIRM CLT Ou­taouais has been granted Govern­ment fund­ing to im­prove its fa­cil­i­ties and ac­quire equip­ment for the man­u­fac­ture of wood prod­ucts for the res­i­den­tial and com­mer­cial build­ing mar­ket. It re­ceived a $374,000 re­payable fi­nan­cial con­tri­bu­tion through CED’s Que­bec Eco­nomic Devel­op­ment Pro­gram.

“The in­vest­ment will en­able CLT Ou­taouais to pro­duce Cross Lam­i­nated Tim­ber (CLT) pan­els,” said Jac­ques Gourde, Mem­ber of Par­lia­ment for Lot­binière-Chutes-de-la-Chaudière and Par­lia­men­tary Sec­re­tary to the Prime Min­is­ter, for Of­fi­cial Lan­guages and for the Eco­nomic Devel­op­ment Agency of Canada for the Re­gions of Que­bec.

“This man­u­fac­tur­ing firm of­fers a com­pet­i­tive al­ter­na­tive and com­ple­men­tary op­tion to struc­tural build­ing so­lu­tions like steel and ce­ment.

“As well as help­ing the com­pany be­come more com­pet­i­tive, this project should en­sure the main­te­nance of ex­ist­ing jobs in other en­ter­prises in the re­gion while cre­at­ing some 20 di­rect jobs in the Re­gional County Mu­nic­i­pal­ity (RCM) of Pap­ineau.

“By sup­port­ing the start-up of CLT Ou­taouais, our Govern­ment is rec­og­niz­ing once again the fun­da­men­tal role that busi­nesses play in bring­ing about eco­nomic growth and job cre­ation.”

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