The Ontario government announced Tuesday it will provide $10 million in funding for Georgia-Pacific's wood processing mill upgrade in Englehart, drawing from the province's Forest Biomass Program. This investment supports the company's $191 million modernization project, first announced last summer.
Funding Details
The provincial contribution aims to enhance the mill's efficiency and environmental performance, aligning with Ontario's strategy to promote forest biomass as a renewable energy source. The project is expected to create jobs and boost the local economy in the Timiskaming region.
Georgia-Pacific's Investment
Georgia-Pacific's substantial $191 million investment will modernize equipment and processes at the Englehart facility, ensuring its long-term competitiveness. The mill produces wood products for construction and industrial markets.
Forest Biomass Program
The Forest Biomass Program supports innovative uses of forest residues and by-products, reducing waste and generating clean energy. This initiative is part of Ontario's broader efforts to foster sustainable forestry and economic development in northern communities.
