Ontario government investing $5.5M in Ben Hokum & Son sawmill
Ben Hokum & Son Ltd. sawmill in Killaloe, Ont. is receiving $5.5 million over five years from the Ontario government to help protect over 100 jobs, create five new jobs and buy new technology that will help the mill optimize its operations.
According to a government news release, the mill is expecting to see a significant jump in domestic sales and exports as a result of this funding.
“Ben Hokum & Son Ltd. is an Ontario success story and I am pleased to see how this business supports local employment and the economy,” said John Yakabuski, Ontario Minister of Natural Resources and Forestry, in a statement. “When an independent sawmill is succeeding, so do the harvesters it buys from and the manufacturers it sells by-products too. This was not just an investment in Ben Hokum & Son Ltd., but an investment in this community and the forestry sector as a whole.”
This week, it was incredible to see firsthand how our investment in the Ben Hokum & Son sawmill has helped protect over 100 local jobs. #OpenForBusiness #OpenForJobs t.co/xSO7QH0WVQ pic.twitter.com/xOYhLApEK7Advertisement
— John Yakabuski (@JYakabuskiMPP) April 26, 2019
The sawmill, established in 1956, is one of eastern Ontario’s largest lumber producers, and Ontario’s largest pine producer.