Greenlid building $15 million manufacturing facility in Dundalk

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 Programโ€™s Southwestern Ontario Development Fund.

โ€œThis investment from Greenlid is another vote of confidence in Ontarioโ€™s economy and shows there is no better place for business to grow and workers to thrive,โ€ said Premier Doug Ford. โ€œWe are thrilled to support this โ€˜Made in Ontarioโ€™ success story and to see Greenlidโ€™s 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 Americaโ€™s 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. โ€œWith 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 Ontarioโ€™s agricultural fibre waste into high value compostable products with less impact on the environment and further Ontarioโ€™s 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.

โ€œOur government is proud to work with Greenlid to help bring their entire production back to our province as we continue to strengthen Ontarioโ€™s world-class manufacturing sector,โ€ said Vic Fedeli, minister of economic development, job creation and trade. โ€œGreenlidโ€™s investment and desire to bring their entire supply chain back to Ontario is a testament to the work weโ€™re 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

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

I accept the Privacy Policy