Ontario Construction News staff writer
Greenlid has announced a plan to build a $14.8 million manufacturing facility in Dundalk, and the provincial government is contributing $500,000 in funding through theย Regional Development Programโs Southwestern Ontario Development Fund.
โThis investment from Greenlid is another vote of confidence in Ontarioโs economy and shows there is no better place for business to grow and workers to thrive,โ said Premier Doug Ford. โWe are thrilled to support this โMade in Ontarioโ success story and to see Greenlidโs entire supply chain return home again.โ
Founded in Toronto in 2014, Greenlid developed a patented compostable material as a replacement for plastic or biodegradable materials and products are now sold in North Americaโs largest retailers.
“Greenlid is excited to expand and build manufacturing operations in rural Ontario after rapid growth in the past several years,โ said CEO Morgan Wyatt. โWith the additional support of the Ontario government for this project and local community, Greenlid’s state of the art Non-wood Fibre Manufacturing and Innovation Centre at Southgate EcoPark will now specialize in developing Ontarioโs agricultural fibre waste into high value compostable products with less impact on the environment and further Ontarioโs sustainability and economic development goals.”
The company produces compostable one-time-use items such as plates, bowls, coffee cups, and lids. Currently, its manufacturing facility is in China and this new 60,000 square foot facility in Dundalk and bring their production and supply chain to Ontario.
โOur government is proud to work with Greenlid to help bring their entire production back to our province as we continue to strengthen Ontarioโs world-class manufacturing sector,โ said Vic Fedeli, minister of economic development, job creation and trade. โGreenlidโs investment and desire to bring their entire supply chain back to Ontario is a testament to the work weโre doing to make sure the world knows Ontario is Open for Business.โ
Ontario is spending more than $100 million through theย Regional Development Programย from 2019 to 2023 for regional projects. The program provides cost-shared funding to businesses, municipalities and economic development organizations to help attract investment, diversify their economies, and create jobs.
ยฉ Queen’s Printer for Ontario,ย 2012-2022