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B.C. invests $11M in forestry sector capital projects

October 01, 2024 5:55 PM | Anonymous

Published in Woodworking Network, September 18, 2024:

British Columbia officials announced new financial support for forest-sector manufacturers throughout the province that the officials said will create jobs, strengthen local economies, and promote the transition to high-value, made-in-B.C. forestry products. 

“Making the best use of available fiber is a key part of the blueprint for sustainable forestry in B.C.,” said Brenda Bailey, Minister of Jobs, Economic Development and Innovation. “The BC Manufacturing Jobs Fund (BCMJF) is working with forestry companies throughout our province to create new jobs and highly sought-after engineered wood products. Helping manufacturers expand their operations to create more made-in-B.C. products is what the BCMJF is all about.”

Through the BCMJF, the Government of B.C. is contributing up to $11.4 million to eight forestry-sector capital projects and one planning project in communities throughout the province. These projects will see local manufacturers innovate their business lines using advanced manufacturing equipment and processes to make higher-value products, scale up their operations to remain competitive, and improve overall production capacity while establishing new local jobs and protecting existing ones.

Read the full story by Larry Adams: 

B.C. invests $11M in forestry sector capital projects | Woodworking Network


 



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