Ontario Supporting Sawmill in Killaloe
Province Partnering with Local Business to Create and Maintain 106 Jobs in Killaloe
Ontario is supporting Ben Hokum and Son Ltd. to upgrade and modernize its sawmill in Killaloe, helping to create and maintain 106 jobs and boost economic growth.
Ben Hokum and Son Ltd. is one of eastern Ontario's largest lumber producers, and the largest producer of red and white pine in Ontario. Its lumber is used in flooring, framing, paneling, pallets and crafting material.
Through funding from Ontario's Jobs and Prosperity Fund, the company will be able to grow its business and increase efficiency by modernizing its infrastructure and purchasing new equipment. This will increase production capacity and increase competitiveness while ensuring resources are managed sustainably. The project will maintain 101 existing jobs and create five new positions at the mill in Killaloe.
Supporting the forestry industry is part of Ontario's plan to create fairness and opportunity during this period of rapid economic change. The plan includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.
- Ontario is continuing its support for the forestry sector by investing $5.5 million over five years in Ben Hokum and Son Ltd.’s infrastructure project as part of the province’s Jobs and Prosperity Fund.
- By generating over $15.3 billion in revenues and supporting approximately 172,000 direct and indirect jobs, the forestry sector is a significant part of communities across the province.
“Our government understands how important a strong forest products sector is to Ontario’s economy and the key role it plays in many northern and rural communities. The Forestry Growth Fund, under the Jobs and Prosperity Fund, will assist the sector to increase production capacity and expand into new markets while continuing to ensure our forests are sustainably managed.”
Nathalie Des Rosiers
“Creating jobs and growing the local economy is the precise purpose of the Jobs and Prosperity Fund – I am happy to see the investment we are making in eastern Ontario, and the support this will provide to families in Ontario.”
Steven Del Duca
“Ben Hokum and Son Limited is excited to work together with the Province of Ontario to make these important investments. With their support, our company will be positioned as a world-class sawmill with the most innovative equipment available. This will help us to exceed the highest standards of sustainable forestry, which in turn guarantees a healthy forest for future generations. As a fourth generation mill owner, I realize the importance of providing meaningful employment for our community, and a chance for our employees to improve their skill-set through automation. With these value-added processes, we will further our company’s penetration into global lumber markets securing our future, as well as those who depend on us – employees, families, suppliers, community, customers.”