The Provincial Government is investing nearly $5 million into Element5’s new cross laminated timber plant coming to Dennis Road. Minister Jeff Yurek, Minister Steve Clark, Minister Vic Fedeli and Minister John Yakabuski were all on hand on Tuesday (July 23) for the announcement.
The $32 million plant will be the first of its kind in Ontario and bring more than 60 jobs to the City.
Yurek says that a cross laminated timber plant is a great announcement on many different levels.
Yurek says that while he’s proud of the Province’s involvement in this project, the City and the Economic Development Corporation also worked hard to bring the facility to St. Thomas.
Construction is expected to begin this fall.
