November 3, 2014 – Pembroke, Ontario – Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
The Pembroke MDF industrial plant is officially reopened and ready for business, thanks to an investment of up to $3 million announced today by FedDev Ontario Minister of State Gary Goodyear and Renfrew-Nipissing-Pembroke MP Cheryl Gallant.
Increasing national and international demand for its range of Medium Density Fiber (MDF) products has led the plant to begin manufacturing again six years after stopping operations. Federal funding for Pembroke MDF Inc. is to support upgrades to the facility, including buying new equipment, as well as repairs and structural improvements. The Pembroke plant is noted for its large customer base in Canada and the United States. Restarting the plant will allow the facility to produce high-quality panels with greater efficiency and at a greater capacity to meet market demands. The project will help Pembroke MDF Inc. diversify its exports while strengthening the forestry sector in Ontario.
The FedDev Ontario repayable contribution is through the Investing in Business Growth and Productivity initiative, which is aimed at helping established businesses to expand their operations, invest in productivity improvements and compete globally.
Erica Furtado
Director of Communications
Office of the Honourable Gary Goodyear
613-943-7599
Media Relations
FedDev Ontario
416-954-6652
FedDevMedia@FedDevOntario.gc.ca
Toll Free: 1-866-593-5505
Website: www.FedDevOntario.gc.ca
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