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@ELEMENTFIVECO - The province’s draft Advanced Wood Construction Action Plan was launched for public input on July 30 as part of an event at the Element5 mass timber manufacturing plant in St. Thomas, Ont. The government is contributing $3.46 million towards Element5’s $23-million expansion, a project that will triple its production capacity.
The government believes the demand for mass timber construction materials will increase between 10 to 25 per cent each year during the next decade. The forest sector generated $22.8 billion in revenue from the sale of manufactured goods and services in 2022. The action plan has four objectives to be pursued over five years: support promotion, education and training initiatives; spur research and the advancement of codes, standards and regulations; stimulate innovation and advanced manufacturing; and demonstrate and display advanced wood construction.
Not all manufacturers have prospered, said Latour, “and so we’re very conscious that we want to make sure to deliver what the sector is looking for at the time the sector is looking for it.”
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