Groupe Savoie, a hardwood products manufacturer headquartered in Saint-Quentin, Canada, will modernize its operations and enhance efficiency at its Kedgwick facility with support from the provincial government.
The government, through Opportunities NB, is providing a conditionally repayable loan of up to $115,000 to help with the purchase and installation of a high-performance moulder. The new equipment will allow the company to process larger panels more efficiently, reduce the amount of rejected materials and eliminate the need for sanding and additional end-matching processes.
“This investment will allow us to further optimize our operations and strengthen our competitiveness in domestic and international markets,” said Jason Somers, CEO of Groupe Savoie.
Founded in 1978 by Hector Savoie, Groupe Savoie is a family-owned company that has grown to become one of New Brunswick’s largest processors of hardwood products. The company operates facilities in Kedgwick, Saint-Quentin, and Westville, N.S., producing a range of value-added wood products, including kitchen cabinetry components, hardwood flooring, pallets and ecological fuel.
