New timber plant an innovation showcase for St. Thomas


city_scope_logo-cmykIt will be the first of its kind in Ontario and, as announced Wednesday (July 24), it is to be located in St. Thomas with an economic impact rippling across southwestern Ontario.
At the Dennis Drive Industrial Park, the province’s minister of Natural Resources and Forestry John Yakabuski and environment minister Jeff Yurek announced $5 million in provincial funding to construct a cross laminated timber plant that will create 60 high-paying jobs.
The $32 million, 125,000 sq. ft. Element 5 facility “will showcase the kind of innovation we want to see more of in Ontario,” stressed Yakabuski at the funding announcement.
Based out of Toronto, Element 5 has an existing plant in Ripon, Quebec which produces solid wood panels made with multiple layers of lumber planks cross-laminated with environmentally friendly adhesives. Continue reading

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