Alberta helps fund new Structural Truss Systems facility
November 13, 2023 By CFI Staff
With help from the Investment and Growth Fund, Structural Truss Systems is opening a new facility in Fort Macleod, Alta.
Structural Truss is investing $28.5 million into a new Fort Macleod facility, strengthening the regional economy and creating 33 permanent and 12 temporary jobs. The company designs and manufactures engineered building systems such as roof trusses, open-web floor truss systems, prefabricated wall panels and laminated posts.
“I am pleased that Structural Truss is choosing to expand their operations in Fort Macleod. This investment will help bring even more jobs to the region, grow the local economy and support Alberta’s economic prosperity. Thanks to Alberta’s business-friendly policies and programs like the Investment and Growth Fund, companies can feel confident about investing in Alberta,” said Minister of Jobs, Economy and Trade Matt Jones.
The new 180,000-square-foot facility is projected to be manufacture-ready by the end of 2024 and will house a training facility to ensure Albertans have the skills they need to gain meaningful employment with the company.
Alberta’s government established the Investment and Growth Fund in 2021 to help companies like Structural Truss invest and expand operations in the province. For every $1 million the fund contributes to Alberta investment, approximately $70 million is forecast to be spent in the province. The nearly $1 million in funding for Structural Truss comes from the fund’s rural stream, which helps areas outside Edmonton and Calgary attract key investments.
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