Fonds Valorisation Bois invests $1.5 million to reopen Scierie Lapointe & Roy in Courcelles, Quebec. In July 2014, a fire destroyed much of the plant, including the main building housing the sawmill, as Fonds de solidarité FTQ said in the press release received by Lesprom Network.
Following a $7.5 million project, of which a projected $1.5 million in preferred shares issued to the Fonds Valorisation Bois (FVB), Scierie Lapointe & Roy now boasts a plant on the cutting edge of technology.
Scierie Lapointe & Roy saws and transforms resinous wood into timber for the home construction and renovation markets. Its main products are 8', 9' and 10' 2x4s. The company specializes in small-diameter raw logs.