Lauzon Distinctive Hardwood Flooring (Papineauville, Quebec) announced Monday it has invested $5.3 million (U.S.) to install a scanning system in its wood flooring plant that will increase its log yields by more than 50 percent.
Lauzon employs 120 people, according to the Canadian government. Half of the total investment was provided through Canada's Economic Action Plan for job creation, which will see the Canadian government invest $105 million in its forestry sector over the next two years. These investments will help increase the capacity of Canadian-based companies to innovate, as well as market their products in Asia and Europe.
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