News
For Immediate Release
Strathcona
12/13/2011
Ontario Helps Strathcona Company Create New Jobs: McGuinty Government Moving Economy Forward
NEWS
The province is helping Strathcona Paper LP — Ontario’s largest paper board manufacturer — meet market demand, become more eco-friendly, and create 10 new jobs while protecting 150 existing positions in Napanee.
With support from the province, Strathcona Paper will continue to produce eco-friendlier clay-coated folding boxboard, from 100% recycled products, and purchase innovative equipment that will:
- improve safety;
- increase efficiency and productivity; and,
- help meet customer demands across North America.
The Eastern Ontario Development Fund (EODF) has been very successful to date. It has created and retained 11,700 in Eastern Ontario. The McGuinty government recently introduced the Attracting Investment and Creating Jobs Act to make the EODF permanent.
Partnering with business and supporting innovation in the manufacturing industry are key components of the McGuinty government’s plan to create and support new and existing jobs for Ontario families, and strengthen local economies.
QUOTES
“This is great news for the province and for the advancement of our green agenda. An increasing number of our companies are committed to improving productivity and remaining competitive through innovative clean technologies.”
― Brad Duguid, Minister of Economic Development and Innovation
“We welcome the provincial government’s support of our new technologies and for the opportunity to better serve our customers, and increase our competitiveness in the global marketplace.”
— Mark Sklar, President and Chief Operating Officer, Strathcona Paper LP
QUICK FACTS
- Award-winning Strathcona Paper LP is North America’s only recycled paper-board company dedicated exclusively to the manufacturing and supply of medium-to-heavyweight clay coated paperboard for applications that demand high stiffness and strength.
- As a result of the tax changes implemented in Ontario, taxes on business investment were cut in half, making Ontario more competitive and encouraging new business growth.
LEARN MORE
- See Ontario’s plan to support job creation.
- Take a look at the programs and services available to help your business grow.
- Read Ontario’s 2011 Progress Report.
For more information:
Andrew Block
Minister's Office
416-325-0362
Dominique Paquet
Communications Branch
416-325-8775
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