FedDev Ontario invests $3 million in Niagara Pallet and Recyclers Ltd. to support clean-tech adoption and create 30 jobs in Smithville
December 6, 2022 - Smithville, Ontario
The Government of Canada is committed to investing in local businesses as they adapt, become more sustainable and create jobs for the future.
Today, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced an investment of $3 million for Niagara Pallet and Recyclers Ltd. (Niagara Pallet) to adopt new technologies that will allow the company to respond to wood pallet shortages across Canada and support the transition to a more sustainable and circular economy. This investment will also create 30 skilled jobs across the Niagara Region.
Located in Smithville, Niagara Pallet is a rural, family-run company that manufactures and repairs wood-related shipping materials, including wood pallets, for suppliers and distribution centres. With this investment, through the Jobs and Growth Fund (JGF), the company will implement new, first-in-Canada, custom automated systems to measure, sort and cut used wood pallets-allowing them to process more recycled pallets and identify a higher proportion for repair.
This investment will help Niagara Pallet meet industry demand, reduce waste, contribute to a greener manufacturing industry and a strong economic future.
