{"id":5493,"date":"2024-08-26T16:47:59","date_gmt":"2024-08-26T16:47:59","guid":{"rendered":"https:\/\/elementfive.co\/?p=5493"},"modified":"2024-08-27T17:00:16","modified_gmt":"2024-08-27T17:00:16","slug":"ontario-government-invests-3-46-million-in-element5-mass-timber-manufacturer","status":"publish","type":"post","link":"https:\/\/elementfive.co\/fr\/ontario-government-invests-3-46-million-in-element5-mass-timber-manufacturer\/","title":{"rendered":"Ontario Government Invests $3.46 Million in Element5 Mass Timber Manufacturer &#8211; July 2024"},"content":{"rendered":"\n<p>On Tuesday, July 30, we were incredibly proud to host an event at our St. Thomas plant to announce that the Ontario government is investing $3.46 million to help us with the expansion of our operations. <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/elementfive.co\/content\/uploads\/2024\/08\/451732797_1384346622240384_383382995864531004_n.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1125\" height=\"787\" src=\"https:\/\/elementfive.co\/content\/uploads\/2024\/08\/451732797_1384346622240384_383382995864531004_n.jpg\" alt=\"6 men stand in a row in Element5's mass timber facility. Man 4th from the left is standing at a podium that says &quot;Building Ontario&quot; on it. From left to right are: Christoph Kulterer, CEO, HASSLACHER, Mayor Joe Preston, St. Thomas, Hon. Nolan Quinn, Associate Minister of Natural Resources, Patrick Poulin, President &amp; CEO, Element5 (at the podium), Hon. Rob Flack, Minister of Agriculture, Food and Agribusiness, Paul Calandra, Minister of Municipal Affairs and Housing.\" class=\"wp-image-5505\" srcset=\"https:\/\/elementfive.co\/content\/uploads\/2024\/08\/451732797_1384346622240384_383382995864531004_n.jpg 1125w, https:\/\/elementfive.co\/content\/uploads\/2024\/08\/451732797_1384346622240384_383382995864531004_n-1000x700.jpg 1000w, https:\/\/elementfive.co\/content\/uploads\/2024\/08\/451732797_1384346622240384_383382995864531004_n-768x537.jpg 768w, https:\/\/elementfive.co\/content\/uploads\/2024\/08\/451732797_1384346622240384_383382995864531004_n-300x210.jpg 300w, https:\/\/elementfive.co\/content\/uploads\/2024\/08\/451732797_1384346622240384_383382995864531004_n-1001x700.jpg 1001w, https:\/\/elementfive.co\/content\/uploads\/2024\/08\/451732797_1384346622240384_383382995864531004_n-572x400.jpg 572w\" sizes=\"(max-width: 1125px) 100vw, 1125px\" \/><\/a><\/figure>\n\n\n\n<p><strong>On hand for the occasion were (from left to right in the photo):<\/strong><br>&#8211; Christoph Kulterer, CEO, HASSLACHER<br>&#8211; Mayor Joe Preston, St. Thomas<br>&#8211; Hon. Nolan Quinn, Associate Minister of Natural Resources<br>&#8211; Patrick Poulin, President &amp; CEO, Element5 <br>&#8211; Hon. Paul Calandra, Minister of Municipal Affairs and Housing<\/p>\n\n\n\n<p>Element5 is \u201cleading the way in innovative mass timber building materials,\u201d as demand for cross-laminated timber products increases, Associate Minister of Natural Resources, Nolan Quinn said.<\/p>\n\n\n\n<p>\u201cDemand for these products is expected to grow by up to 25% per year over the next decade&#8230; The funding will more than triple Element5\u2019s production, create 32 new positions, increase revenue by more than 300% and boost the company\u2019s export sales by almost 600% Quinn stated.<\/p>\n\n\n\n<p>\u201cWith more space and new equipment, Element5 will be able to meet growing demand for their high-quality products and get more building projects done quickly and efficiently. <strong><em>This company is an advanced wood construction success story, powering growth and development across Ontario, Canada and the U.S.&#8221;<\/em><\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Videos of Element5 Mass Timber Funding Announcement<\/h3>\n\n\n\n<iframe loading=\"lazy\" width=\"640\" height=\"385\" src=\"https:\/\/www.youtube.com\/embed\/1g8LVFiBiXw?si=si2O3G4dl6mFqjAw\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n\n\n<h3>CTV News &#8211; &#8220;The way of the Future&#8221;<\/h3>\n\n\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/embed.jasperplayer.com?brand=CTV_NEWS&#038;destination=ctvnews_web&#038;language=EN&#038;contentId=2968935\" frameborder=\"0\" allow=\"autoplay; clipboard-write; encrypted-media; picture-in-picture\" allowfullscreen><\/iframe>\n\n\n\n<h3 class=\"wp-block-heading\">The Advanced Wood Construction Action Plan and Affordable Housing<\/h3>\n\n\n\n<p>Minister Quinn also took the opportunity to launch the draft version of the <a href=\"https:\/\/ero.ontario.ca\/notice\/019-8268\" target=\"_blank\" rel=\"noopener\"><em>Advanced Wood Construction Action Plan<\/em><\/a>, which positions Ontario to lead the fast-growing sector by using more wood in the construction of mid-rise and tall multi-family residential, commercial and industrial buildings.<br><br><strong>The Advanced Wood Action Plan sets out four objectives:<\/strong><\/p>\n\n\n\n<p>1) Promote and educate to accelerate the use of Advanced Wood Construction<br>2) Simplify access by advancing research research <br>3) Updating building codes<br>4) Grow Ontario&#8217;s Advanced Wood\u00a0Construction capacity, by investing in advanced\u00a0manufacturing facilities and processes.<br><br>Advanced wood construction assembles building materials off-site before installation, reducing on-site disruption, completing projects up to 50% faster and reducing costs by up to 20%. It also offers environmental benefits, by using wood as a sustainable alternative to traditional building materials while supporting the forestry sector.<br><br>Paul Calandra, Ontario\u2019s minister of municipal affairs and housing, called mass timber \u201canother avenue\u201d for the provincial government to reach its goal of building 1.5 million homes by 2031, a target set to alleviate a shortage of housing in the province.<br><br><strong>Official Press Release- Ontario Investing $3.5 Million in Mass Timber Manufacturer to Build More Homes Faster<\/strong><br><a href=\"https:\/\/news.ontario.ca\/en\/release\/1004878\/ontario-investing-35-million-in-mass-timber-manufacturer-to-build-more-homes-faster\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/news.ontario.ca\/en\/release\/1004878\/ontario-investing-35-million-in-mass-timber-manufacturer-to-build-more-homes-faster<\/a><br><br>Video courtesy of Livecast.ca.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Further Media Coverage of the Event<\/h3>\n\n\n<ul>\n<li><a href=\"https:\/\/london.ctvnews.ca\/the-way-of-the-future-taking-cross-laminated-wood-to-new-heights-1.6982851\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>&#8216;The way of the future&#8217;: Taking cross-laminated wood to new heights<\/strong><\/a> &#8211; CTV News, July 30, 2024<\/li>\n<li><a href=\"https:\/\/lfpress.com\/business\/local-business\/funding-will-triple-output-at-st-thomas-mass-timber-maker-official\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Funding will triple output at St. Thomas \u2018mass timber\u2019 make<\/strong>r<\/a> &#8211; London Free Press, July 30, 2024<\/li>\n<li><a href=\"https:\/\/www.stthomastoday.ca\/2024\/07\/30\/76656\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Community Spotlight: More jobs for St. Thomas with $3.46 million coming to Element5<\/strong><\/a> &#8211; St. Thomas Today, July 30, 2024<\/li>\n<li><a href=\"https:\/\/www.canadianmanufacturing.com\/manufacturing\/ont-investing-3-5m-in-mass-timber-mfg-301618\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Ont. investing $3.5M in mass timber mfg<\/strong><\/a> &#8211; Canadian Manufacturing, July 30, 2024<\/li>\n<li><a href=\"https:\/\/www.northernontariobusiness.com\/industry-news\/manufacturing\/market-demand-fuels-expansion-at-mass-timber-plant-9294681\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Market demand fuels expansion at mass timber plan<\/strong>t<\/a> &#8211; Northern Ontario Business, July 31, 2024<\/li>\n<li><a href=\"https:\/\/www.ontarioconstructionnews.com\/ontario-invests-3-46-million-in-st-thomas-mass-timber-manufacturer\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Ontario invests $3.46 million in St. Thomas mass timber manufacturer<\/strong><\/a> &#8211; Ontario Construction News, July 31, 2024<\/li>\n<\/ul>\n<div class=\"wp-block-spacer\" style=\"height: 100px;\" aria-hidden=\"true\">\u00a0<\/div>","protected":false},"excerpt":{"rendered":"<p>On Tuesday, July 30, we were incredibly proud to host an event at our St. Thomas plant to announce that the Ontario government is investing $3.46 million to help us with the expansion of our operations. On hand for the occasion were (from left to right in the photo):&#8211; Christoph Kulterer, CEO, HASSLACHER&#8211; Mayor Joe [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/posts\/5493"}],"collection":[{"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/comments?post=5493"}],"version-history":[{"count":39,"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/posts\/5493\/revisions"}],"predecessor-version":[{"id":5560,"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/posts\/5493\/revisions\/5560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/media\/5505"}],"wp:attachment":[{"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/media?parent=5493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/categories?post=5493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elementfive.co\/fr\/wp-json\/wp\/v2\/tags?post=5493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}