FedDev Ontario invests $3M in Niagara Pallet and Recyclers Ltd.
December 7, 2022
By Canadian Manufacturing
SMITHVILLE — On Dec. 6, Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced an investment of $3 million for Niagara Pallet and Recyclers Ltd. (Niagara Pallet) to adopt new technologies that will allow the company to respond to wood pallet shortages across Canada and support the transition to a more sustainable and circular economy. This investment will also create 30 skilled jobs across the Niagara Region.
Located in Smithville, Niagara Pallet is a rural, family-run company that manufactures and repairs wood-related shipping materials, including wood pallets, for suppliers and distribution centres. With this investment, through the Jobs and Growth Fund (JGF), the company will implement a custom automated system to measure, sort and cut used wood pallets—allowing them to process more recycled pallets and identify a higher proportion for repair.
This investment will reportedly help Niagara Pallet meet industry demand, reduce waste, contribute to a greener manufacturing industry and a strong economic future.
“Today’s investment in Niagara Pallet and Recyclers will create 30 skilled jobs and continue Canada’s path to be a global leader in cleaner and greener manufacturing. By making smart investments, we create good jobs and develop innovative solutions that will alleviate pressures on supply chains and support a growing economy that works for everyone,” said Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario.
“By supporting manufacturers like Niagara Pallet and Recyclers Ltd. who contribute to Niagara’s regional employment and supply chain spending, our government is taking the necessary steps forward to help our communities and our businesses contribute to a greener and more resilient future,” said Vance Badawey, Member of Parliament for Niagara Centre.
Print this page