Aboriginal Business Seeks New Revenues
McGuinty Government Invests In Wahgoshig Resources Business Plan
Wahgoshig First Nation is looking at ways to increase the profitability of its sawmill.
The Northern Ontario Heritage Fund Corporation (NOHFC) is providing $9,950 toward a study to help Wahgoshig Resources review its sawmill operations and how its benefits can be maximized. The project includes a market analysis, a review of operations as well as costing new equipment.
- Wahgoshig Resources Inc. was incorporated in June 2006 and is owned by the Wahgoshig First Nation. The company’s sawmill has been operating since June 2007.
- The 250-member Wahgoshig First Nation is located approximately 50 kilometres east of Matheson. The north end of the reserve meets the south shore of Abitibi Lake.
“Wahgoshig Resources is an important employer in the community and I am very pleased that the NOHFC could support its plan to further consolidate the sawmill operation.”
“This project will identify ways to improve business efficiencies and help retain the jobs of nine local First Nation members.”