White River Forest Products is making more than $9.5 million in upgrades and creating new jobs at its sawmill near the north shore of Lake Superior.
The money is geared toward new product development which requires additional debarking and drying capacity, and sawline modifications, including residual handling.
The province contributed $1.9 million through its Jobs and Prosperity Fund but the bulk of the investment is coming from White River Forest Products according to a report in Northern Ontario Business.
“We’re happy to be one of the first company to receive monies from this fund,” said company president-CEO Frank Dottori in an April 19 news release.
See full report here.