Grants and Contributions:
Title:
Investing In New, Innovative Equipment For End-To-End, Sustainable Plywood Production In Richmond
Agreement Number:
IFIT23_RPLYW
Agreement Value:
$6,700,210.00
Agreement Date:
Mar 22, 2024 - Jun 30, 2025
Description:
This project will install innovative technology in a forest products facility in Canada.
Organization:
Natural Resources Canada
Expected Results:
Economic Sustainability: The expected results will increase competitiveness and economic sustainability (jobs created, jobs secured, new revenue strems for companies, diversification of product portfolios).
Location:
RICHMOND, British Columbia, CA V6V 1K7
Reference Number:
115-2023-2024-Q4-15172
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
For-profit organization
Additional Information:
Grant or contribution awarded and spanning more than one fiscal year.
Recipient's Legal Name:
RICHMOND PLYWOOD CORPORATION LIMITED
Program:
Contributions in support of Investments in the Forest Industry Transformation Program
Program Purpose:
The objective of Investments in Forest Industry Transformation is to support forest industry transformation that will make the forest industry more commercially and environmentally more sustainable by investing in innovative technologies that lead to a more diversified, higher-value product mix including bioenergy, biomaterials, biochemicals, and next generation building products.