Element5, a leader in sustainable mass timber construction, is expanding its operations in St. Thomas, Ontario with a $107 million investment supported by Invest Ontario. The project will double production capacity with the addition of a fully automated Glulam (glued-laminated timber) production line, creating 150 new jobs and bringing the company’s workforce to more than 300 employees. This expansion strengthens Ontario’s domestic supply of renewable, low-carbon building materials, reducing reliance on imports while addressing the urgent demand for affordable, modular housing.

Mass timber is rapidly gaining traction across North America as a sustainable alternative to concrete and steel, offering faster construction timelines and lower carbon emissions. Element5 has already completed nine affordable housing projects in Ontario, including a four-storey supportive housing building in Kitchener delivered in just one year. The company has also delivered landmark projects such as North America’s first mass timber-constructed warehouse in Brampton, alongside commercial, industrial, and municipal developments.

Ontario’s forestry sector, which spans nearly two-thirds of the province’s land base, provides a steady supply of sustainably sourced lumber. By increasing Glulam and cross-laminated timber (CLT) production, Element5 is supporting regional economies, strengthening the forestry supply chain, and unlocking new opportunities for builders and communities.

Founded in 2015, Element5 is backed by Austrian-based HASSLACHER group, one of Europe’s leading timber producers. The expansion is further supported by up to $8 million in financing through the Invest Ontario Fund. According to Ontario’s Minister of Economic Development, Job Creation and Trade, Vic Fedeli, the investment reflects the province’s commitment to creating jobs, boosting competitiveness, and expanding affordable housing.

With expanded capacity, Element5 is positioned to deliver innovative, climate-friendly solutions that accelerate construction and help meet Canada’s housing and infrastructure needs. The project reinforces Ontario’s leadership in sustainable building while advancing economic growth and environmental stewardship.

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