The Ontario government (Canada) is providing $2 million to the wood products company, Oxford Pallet, to expand its operations and introduce innovative robotic and vision equipment to boost productivity and create local jobs. Oxford Pallet is the first company to be approved for funding under the Forest Sector Investment and Innovation Program, a program designed to help Ontario forestry companies develop and implement innovative technology.
The investment will create 20 new jobs, double the plant's production capacity, and increase lumber purchases from regional sawmills and lumber wholesalers in Ontario by more than 30%. The innovative equipment and technology planned in the company's expansion is a first of its kind in North America's pallet industry.
Oxford Pallet provides essential wood products like crates, bins and mulch to many industries, ranging from packaging and transport to biofuel and farming.
