Uniboard investing $53M in Val-d’Or, Que., flooring plant
Company plans to buy new drying system, implement new fibre preparation and sifting process as part of project at plant
LAVAL, Que.—Quebec-based flooring maker Uniboard Canada Inc. is investing more than $53 million in its Val-d’Or, Que., plant to modernize “key production areas” and boost productivity.
The company plans to buy a new drying system and implement a new fibre preparation and sifting process as part of the project at the plant located about 500 kilometres northwest of Montreal.
Uniboard was granted a $4.5-million loan from the federal Canada Economic Development for Quebec Regions (CED) department to cover some of the acquisition and installation costs for the new equipment.
“This modernization project confirms Uniboard’s leadership position in the North American composite panel industry and allows Uniboard to further enhance its offering of engineered wood and value added products,” Uniboard president and CEO James Hogg said in a statement.
“Over recent years, Uniboard has invested heavily into product development, launching new colour collections including North America’s first registered embossed thermofused laminate panels as well as expanding our successful NU Green range of low and no-formaldehyde products.”
Uniboard employs 800 people, 186 of which work at the Val-d’Or plant.