Province Supports First Nation Value-Added Wood Enterprise
Provincial Investment Helps Launch New Truss Manufacturer
SUDBURY - The McGuinty government is helping the Garden River First Nation develop a home component manufacturing plant near Sault Ste. Marie, Northern Development and Mines Minister Rick Bartolucci announced today.
"Our government is committed to working with northern communities to pursue opportunities that lay the foundations for prosperity in the future," said Bartolucci, who also chairs the NOHFC. "We are supporting northerners as they apply their considerable skills and energies to establishing new businesses."
The Northern Ontario Heritage Fund Corporation (NOHFC) is providing $1 million to the Garden River Truss Company to assist with the development of a plant that will manufacture value-added wood products. Products will include prefabricated floor trusses and wall sections for regional and American markets. More than 30 jobs are expected to be created by this initiative.
"The forest sector is a key engine of our economy and we continue cooperating with stakeholders to make it more competitive," said Natural Resources Minister David Ramsay. "This initiative will add value to our resources and create jobs for this First Nation community."
"We are pleased to collaborate with the Garden River First Nation as it strives to establish this new enterprise," said Bartolucci, who also chairs the NOHFC. "Our program supports many communities throughout Northern Ontario as they build ventures that will create jobs and wealth."
This is just one more example of how, working together, Ontarians have achieved results in promoting the growth of northern enterprise. Other examples include:
- Providing $500,000 to establish Black Loon Millworks International a manufacturer of custom hardwood products
- Providing $144,000 to the Sault Ste. Marie Economic Development Corporation to implement a two-year Industrial Investment Attraction Partnership Program
- Investing in private sector job creation through the Northern Ontario Grow Bonds Loan Program.
These initiatives are part of the government's Northern Prosperity Plan for building stronger northern communities. It has four pillars: Strengthening the North and its Communities; Listening to and Serving Northerners Better; Competing Globally; and Providing Opportunities for All.