March 29, 2022 By Canadian Biomass Staff
The Ontario government on March 28 announced a $682,529 investment in six economic development projects in Hearst, Ont., including $35,808 for wood pellet producer I.C.S. (Lacroix) Lumber).
The funds will help I.C.S. (Lacroix) purchase new equipment that will help it increase its production capacity and expand operations.
“Through the collaborative partnerships we are announcing today, our government is ensuring Hearst’s economy continues to grow,” said Greg Rickford, Ontario Minister of Northern Development, Mines, Natural Resources and Forestry, in a statement. “By investing in projects from varied sectors, we are promoting a more diverse, dynamic and innovative economic climate.”
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