📋 Tender Overview
Supporting the growth of the forestry industry through the adoption of cutting-edge technology contributes to economic development in Quebecs regions. That is why the Honourable Pascale StOnge Member of Parliament for BromeMissisquoi Minister of Sport and Minister responsible for CED today announced a repayable contribution of 10 million for Uniboard.This CED support will enable Uniboard to boost its productivity and production capacity expand its product line and have a negative carbon footprint thanks to new equipment and carbon sequestered in sustainable products.Uniboard Canada employs 850 people in its four Quebec plants located in the Abitibi-Tmiscamingue Bas-Saint-Laurent and Laurentides regions and at the companys head office in Laval. The Val-dOr plant specializes in manufacturing engineered wood products such as particleboard and TFL panels for use in the construction industry. In all 26 jobs will be created with this project.The Government of Canada recognizes and supports businesses and organizations that are a source of pride in their communities. Quebecs economic recovery relies on organizations with strong roots in the regional economy. They are major contributors to growth as well as key assets in rebuilding a stronger more resilient greener and more just economy for all.QuotesQuebec businesses are at the core of our communities as they develop and are part of our governments economic recovery plan. We are determined to help them prosper and become more competitive and productive. Our government is proud to support Uniboard especially since its project includes a major environmental component. This forestry businesss contribution to the economic vitality of Val-dOr is undeniable Without a doubt the spinoffs of this project will be felt right across the region and throughout Quebec and Canada.The Honourable Pascale St-Onge Member of Parliament for BromeMissisquoi Minister of Sport and Minister responsible for CEDWe would like to thank the Government of Canada for its contribution to this key project representing a total investment of 250 million. This third phase of the plan to modernize our Val-dOr facility will allow us to operate the most modern particleboard manufacturing plant in North America. This investment will allow Uniboard to continue its 45-year success story in Val-dOr. It will be instrumental in developing new markets and product lines while ensuring that we remain competitive and reduce our carbon footprint.Andr Lemire Vice-President Finance and CFO Uniboard
