Uniboard Canada to receive $8.4M from federal and Quebec governments
Uniboard Canada Inc. will receive $8.4 million in funding from the federal and Quebec governments. The company has five plants in Quebec, and operates the province’s only medium- and high-density fibreboard plant in Mont-Laurier, Que.
The funding is part of a project valued at over $17 million that will allow the Mont-Laurier facilities to develop a system to recover heat and redirect it to the fibre drying system. This will lower the company’s carbon dioxide emissions while increasing the plant’s production capacity. This project will result in 100 jobs saved. Uniboard currently employs 861 people in its mills, which are located in the Abitibi-Témiscamingue, Bas-Saint-Laurent and Laurentides regions, and in Laval.
“Innovation in our technological processes is one of the key elements of our operational excellence. This project builds on previous announcements of expansion and modernization in Val-d’Or and Sayabec, demonstrating that we are pursuing our commitment to growth,” said James N. Hogg, president and CEO, Uniboard, in a statement.
According to a news release, Natural Resources Canada is providing a non-repayable contribution of $4.9 million from the Investments in Forest Industry Transformation program, while Canada Economic Development for Quebec Regions is providing a repayable contribution of $1 million, and the Ministère des Forêts de la Faune et des Parcs is granting $2.5 million through the Wood Innovation Program.