Orazietti Announces a Million Dollar Investment into Boniferro Mill Works

Supplied by Sault MPP David Orazietti…
NOHFC Funding Supports Expansion, Strengthens Sault’s Economy

Sault Ste. Marie – Today, David Orazietti MPP announced the province’s continued support of businesses in Sault Ste. Marie through the Northern Ontario Heritage Fund Corporation (NOHFC), with an investment of $1 million for a building expansion and new equipment at Boniferro Mill Works.

“Our government is committed to strengthening businesses in Sault Ste. Marie and ensuring communities across Northern Ontario continue to grow,” said Orazietti. “This funding will allow Boniferro Mill Works to not only purchase much-needed modern equipment, but allows the mill to expand its operations, create new jobs and better position the company for long-term growth.”

The provincial investment of $1 million will allow the long-standing local sawmill to undertake a nearly $3 million capital expansion.  This project includes the purchase of major pieces of equipment, such as a new rotary de-barker and chipper. The project funding will also allow for the expansion of the saw mill facility to accommodate current upgrades and future growth, helping to protect approximately 50 existing jobs, while creating 5-10 new jobs and approximately 25 indirect forestry harvesting jobs.

“This investment will bring much needed equipment upgrades to the sawmill and we appreciate the continued support from MPP Orazietti,” said Jim Boniferro, CEO of Boniferro Mill Works. “The project will improve efficiencies all the way from how we receive logs to electrical conservation.  We will be able to increase employment while retaining current jobs, improve product quality and expand our markets.”

Investing in Northern businesses is part of the government’s economic plan for Ontario. The four part plan is building Ontario up by investing in people’s talents and skills, building new public infrastructure like roads and transit, creating a dynamic, supportive environment where business thrives and building a secure savings plan so everyone can afford to retire.

 

David Orazietti MPP and Jim Boniferro, CEO, Boniferro Mill Works