Wawa OSB Inc. plans to re-launch the Oriented Strand Board (OSB) mill located in Wawa, in the riding of Algoma-Manitoulin. The Ontario Government announced that it will provide $15 million in financial assistance to purchase modern equipment and hire the employees needed to set up and operate the plant.
This project represents an investment of over $180 million and the creation of 140 direct jobs. The company is committed to working with local communities to maximize the economic benefits. The region, like many others, is currently experiencing labour shortages and the management team is counting on the company's values as well as innovative recruitment and training strategies to attract the talent needed to complete this project.
The Wawa plant was built in the mid-1990s and operated until 2007 to produce OSB. In 2013, the site was converted to a pellet mill which was closed in 2017. The investments will modernize the equipment and restart OSB production in line with the company's sustainable forest management practices.
