News Release
Wood Manufacturer Boosts Local Economy In Hanover
October 16, 2009
McGuinty Government Supporting Businesses, Creating Jobs
NEWS
A wood veneer manufacturer is creating about 28 additional mill jobs and further strengthening the local economy in Bruce and Grey counties.
Hanover Veneer produces high quality veneer panels used for doors, kitchen cabinets and office furniture. The facility opened two years ago and the latest expansion will provide the community with more employment opportunities and other economic spin-off benefits.
Supporting companies like Hanover Veneer is an important part of the government’s plan to boost the competitiveness of the province’s forest sector and support rural communities.
QUOTES
“Our government is working hard to restore the competitiveness of the forest sector and help the communities that depend on it. We are providing a boost to the province’s forest sector supporting the local economy and helping to secure good jobs in Hanover.”
– Michael Gravelle, Minister of Northern Development, Mines and Forestry
“Hanover Veneer is making an important contribution to the local economy and the forest sector. We are pleased to be able to support that contribution.”
– Carol Mitchell, MPP for Huron-Bruce
QUICK FACTS
- Ontario is contributing $191,300 through the Forest Sector Prosperity Fund and providing a loan guarantee of $765,000 to support Hanover Veneer.
- This facility is one of only a few mills in Ontario that can slice and splice veneer in the same location.
- The McGuinty government has committed over $1 billion in various programs over five years to increase the competitiveness of Ontario’s forest industry.
- Read about forest sector investment.
- Read about Ontario’s forests.
Bill Kissick, Forest Sector Prosperity Secretariat, 705-945-6767
ontario.ca/north-news
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