Ontario investing $5M in province’s first CLT plant
The proposed new $32 million manufacturing facility in St. Thomas, Ont. from Element5 is expected to be one of North America's first fully-automated CLT plants.
The Ontario government has announced an investment of almost $5 million to support Element5 in the development of the province’s first cross laminated timber (CLT) plant being built in St. Thomas.
Element5, with locations in Toronto, Montreal and Ripon, QC, specializes in design, engineering and fabrication for timber-based construction. The company’s proposed new $32 million manufacturing facility is expected to be one of North America’s first fully-automated CLT plants.
“We’re grateful for the support of the Government of Ontario. This is a significant investment in the Ontario forestry industry, job creation, housing, innovation and technology, and the environment in the form of green building practices,” said Frank Dottori, Industry Leadership at Element5, in a media release from the Province.
The Ontario government committed to increasing the use of timber in the home building industry through its Made-in-Ontario Environment Plan and the Housing Supply Action Plan, and it includes increasing the use of Ontario timber in buildings, and encouraging mass timber demonstration projects.
The Province’s investment is being made through Ontario’s Forestry Growth Fund, which provides funding for forestry sector projects that improve productivity and innovation, enhance competitiveness, support new market access, and strengthen supply chains and regional economies.