Close Menu
  • Home
  • London
  • St Thomas
  • Toronto
  • Oakville
  • Ottawa
    • Hamilton
    • Richmond Hill
    • Vaughan
    • Windsor
    • Simcoe
    • St. Catharines
    • Thunder Bay
    • Tillsonburg
    • Vaughan
    • Wasaga Beach
    • Waterloo
    • Whitby
    • Windsor
    • Hamilton
    • Kitchener
    • Oakville
    • Ottawa
    • Perth
    • Peterborough
    • Pickering
    • Port Elgin
    • Renfrew
    • Richmond Hill
  • Contact us
What's Hot
In Memory of Duncan Smith

In Memory of Duncan Smith

April 24, 2026
John Murtha, 64, Has Passed Away

John Murtha, 64, Has Passed Away

April 24, 2026
Friends in London, Ont., Score Record Lottery Win

Friends in London, Ont., Score Record Lottery Win

April 24, 2026
Ottawa Valley Health Team Enhances Access to Primary Care

Ottawa Valley Health Team Enhances Access to Primary Care

April 24, 2026
Tragic Fire Claims Life in Port Elgin

Tragic Fire Claims Life in Port Elgin

April 23, 2026
Facebook Instagram
Facebook Instagram
Ontario ChronicleOntario Chronicle
Subscribe
  • Home
  • London
  • St Thomas
  • Toronto
  • Oakville
  • Ottawa
    • Hamilton
    • Richmond Hill
    • Vaughan
    • Windsor
    • Simcoe
    • St. Catharines
    • Thunder Bay
    • Tillsonburg
    • Vaughan
    • Wasaga Beach
    • Waterloo
    • Whitby
    • Windsor
    • Hamilton
    • Kitchener
    • Oakville
    • Ottawa
    • Perth
    • Peterborough
    • Pickering
    • Port Elgin
    • Renfrew
    • Richmond Hill
  • Contact us
Ontario ChronicleOntario Chronicle
Home»St Thomas»Element5 Invests $107 Million to Grow St. Thomas Facility
Views: 1620
St Thomas

Element5 Invests $107 Million to Grow St. Thomas Facility

March 14, 20262 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Element5 Invests 7 Million to Grow St. Thomas Facility
Share
Facebook Twitter LinkedIn Pinterest Email
Ontario Construction News staff writer

Ontario’s mass timber sector is about to see significant growth as Element5 revealed plans to enhance its St. Thomas operations with a $107-million investment, which will double the company’s production capabilities and generate 150 new jobs.

The company, established in 2015, manufactures cross-laminated and glued-laminated timber using Ontario lumber. Its facility in St. Thomas is among the first fully automated mass timber plants in North America, providing components for residential, commercial, and institutional projects.

Element5 president Chris Latour stated that this expansion will address the increasing need for modular housing and eco-friendly building products. “We are proud to provide innovative, climate-friendly solutions at a time when Canada faces an urgent need for affordable housing and infrastructure,” he said in a statement.

The province is contributing $8 million from the Invest Ontario Fund to assist with this project. Economic Development Minister Vic Fedeli mentioned that this investment strengthens Ontario’s manufacturing supply chains, while Natural Resources Minister Mike Harris highlighted its role in securing “made-in-Ontario” jobs.

This announcement comes as Ontario aims to boost advanced wood construction capacity. In its 2025 budget, the province committed $50 million over five years to upgrade production lines and embrace new technologies within the sector. Associate Minister of Forestry and Forest Products Kevin Holland noted that Element5’s initiative demonstrates how the industry can adapt amid trade uncertainties.

The expansion is supported by Austria-based HASSLACHER group, which holds an interest in Element5. CEO Christoph Kulterer remarked that Canada’s access to raw materials along with its growing market makes it a prime location for investment.

Ontario has already invested more than $13 million into research and innovation in advanced wood manufacturing. This sector is part of a broader provincial strategy aimed at diversifying manufacturing and strengthening regional economies, employing around 830,000 people throughout Ontario.


Source link

Element5 expand investment million operations saint thomas st thomas St thomas news Thomas
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleMajor Theft of iPhone 16 Devices in Toronto Area
Next Article Remembering Anne Weber
Taylor Spencer
  • Website

Related Posts

Funding Boost for Huron Perth and Area Health Services
Perth

Funding Boost for Huron Perth and Area Health Services

April 23, 2026
GM Invests  Million in Oshawa Plant Upgrades
Oshawa

GM Invests $63 Million in Oshawa Plant Upgrades

April 23, 2026
More Flights Coming to London International Airport This Summer
London

More Flights Coming to London International Airport This Summer

April 22, 2026
loader-image
St Thomas, CA
11:09 pm, Apr 23, 2026
temperature icon 14°C
scattered clouds
58 %
1011 mb
6 mph
Wind Gust: 6 mph
Clouds: 32%
Visibility: 10 km
Sunrise: 6:30 am
Sunset: 8:15 pm
Weather from OpenWeatherMap

Subscribe to Updates

Stay updated with the latest news and exclusive content from Ontario Chronicle, delivered straight to your inbox. Sign up now and never miss a story!

loader

At Ontario Chronicle, we are dedicated to bringing you the latest news and updates from across the vibrant cities of Ontario, Canada. From the bustling streets of Brampton to the serene landscapes of Burlington, from the cultural hub of Hamilton to the historic charm of London.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights
Friends in London, Ont., Score Record Lottery Win

Friends in London, Ont., Score Record Lottery Win

April 24, 2026
Explore Ontario’s Antique and Vintage Treasures

Explore Ontario’s Antique and Vintage Treasures

April 23, 2026
Jobless Rate in Windsor Climbs in March

Jobless Rate in Windsor Climbs in March

April 23, 2026
Facebook X (Twitter) Instagram Pinterest
  • Home
  • About us
  • Contact us
  • DMCA
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 OntarioChronicle.

Type above and press Enter to search. Press Esc to cancel.

Subscribe to Updates

Stay updated with the latest news and exclusive content from Ontario Chronicle, delivered straight to your inbox. Sign up now and never miss a story!

loader

✅

You're Subscribed!

Thanks for subscribing to Ontario Chronicle. You'll start receiving updates shortly.