Pallet recycler gets federal cash infusion
Niagara Pallet and Recyclers Ltd. is getting a $3 million cash infusion from the federal government to buy new equipment.
Located in Smithville, Ontario, 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 install Canada’s first custom automated systems to measure, sort and cut used wood pallets. The equipment will allow the company to process more recycled pallets and identify a higher proportion for repair.
“We are excited to receive support from FedDev Ontario’s JGF program to allow us to develop and implement new technology in the repair and manufacture of wood pallets, ” said Fred Vrugteveen, president of Niagara Pallet and Recyclers Ltd.
“Thanks to FedDev Ontario’s funding Niagara Pallet is positioned to be the leader in supporting our local markets with wood pallets to move their products to the world. We are creating efficient and replicable business processes that will be used to showcase new technology in our industry.”
Niagara Pallet and Recyclers Ltd. a family-run company that was founded in 1993. It has 65 employees, and supplies, repairs and sells wood pallets and shipping related items. The company also offers recycling services of wood, corrugated fibreboard, and plastics materials.
FedDev Ontario is delivering $224 million of the Jobs and Growth Fund (JGF) to help businesses in southern Ontario.