The Canadian government is providing C$1.2m in repayable loans to Quebec company Perfecta Forêt Inc for the acquisition and installation of equipment needed to start up wood processing operations in two former lumber mills in Saint-François-de-Sales.
The overall investment of more than C$5.7m in the project will create 44 new full-time jobs in the area, according to minister of state for Canada economic development Denis Lebel.
Perfecta Forêt will specialise in the design and manufacture of five-ply glue-laminated plywood panels for use in the production of, among other things, furniture and timber framing for houses.
The enterprise will manufacture non-standard products that are presently in high demand on the Canadian market.
