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Thursday, November 12, 2026

Element5 Investing $107M to Expand Mass Timber Facility, Creating 150 Jobs - Samfiru Tumarkin LLP

What’s Happening at Element5?

Element5, a mass timber manufacturer based in Ontario and owned by the Hasslacher Group, is investing $107 million to expand its operations in St. Thomas.

  • The expansion will create 150 new jobs across the region
  • Includes new production lines for glue-laminated and cross-laminated timber
  • The Ontario government is contibuting $8 million toward the project through the Invest Ontario Fund.

The project was announced by the Ontario government on September 17, 2025.

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Project Overview

The expansion will enable Element5 to increase its production capacity and output of engineered wood products, which are used in construction and modular housing.

  • Location: St. Thomas, Ontario
  • Total investment: $107 million
  • Provincial funding: $8 million via Invest Ontario
  • New capabilities: Glued-laminated timber (GLT) and cross-laminated timber (CLT) production lines
  • Materials: Sourced from Ontario’s forestry sector
  • Purpose: Scale up production of sustainable building materials

Official Statements

Vic Fideli, Ontario’s Minister of Economic Development, said that “Element5’s expansion will create over a hundred new jobs and bolster the province’s wood manufacturing supply chain, increasing the...



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