The Ontario PC government is delivering on our plan to protect Ontario workers, strengthen local supply chains, and attract investment to every corner of our province.
Today, we’re proud to welcome a $107 million investment from Element5, a homegrown mass timber manufacturer, that will expand its operations in St. Thomas. This project will create 150 new, good-paying jobs and double Element5’s production capacity, helping to secure Ontario’s place as a North American leader in sustainable, innovative building materials.
Element5’s expansion strengthens Ontario’s forestry and manufacturing sectors by:
- Sourcing wood products from Ontario forests, supporting our forestry workers and communities.
- Meeting the rising demand for sustainable, modular housing and construction materials.
- Bolstering Ontario’s supply chains and competitiveness in the face of U.S. tariffs.
As part of our plan to build a more resilient economy, the Ontario PC government is investing $8 million through the Invest Ontario Fund to support this expansion.
With one of North America’s first fully automated timber plants, Element5’s expanded St. Thomas facility will feature advanced glued-laminated and cross-laminated timber production lines, boosting Ontario’s domestic supply of sustainable building materials.
This investment demonstrates Ontario’s strength as the most competitive jurisdiction in the G7 to invest, grow, and create jobs. By harnessing the power of Ontario’s forestry and manufacturing sectors, our government is ensuring more paycheques for Ontario families and more opportunities for Ontario workers.