The Honourable Christopher Mitchelmore, Minister of Tourism, Culture, Industry and Innovation, today announced $62,570 for New Wood Manufacturers Inc. to assist with the purchase of innovative equipment to allow for the efficient production of stairway treads, handrail and other components. New Wood Manufacturers Inc. is matching the provincial investment for a total project cost of $125,140. Derrick Bragg, MHA for Fogo Island – Cape Freels, visited the company today.

New Wood Manufacturers Inc. specializes in the manufacturing of wood products for use in residential and commercial industries. Funding from the Business Investment Fund will allow the company to purchase equipment which will improve and specialize production. In addition, support will also allow New Wood Manufacturers Inc. to import in bulk for more effective redistribution to their customers. This equipment will allow the company to become a leading local manufacturer of this niche product.

LEAN manufacturing is an effective method of reducing waste within the manufacturing process while developing a culture of continuous improvement, and this technique has made a significant impact on the competiveness of New Wood Manufacturers Inc. The company has experienced reduced lead times, improved inventory control and improved flow. The introduction of a computerized “Production Tracking System” has improved management of finished products throughout the plant, improved delivery times and increased overall customer satisfaction. New Wood Manufacturers Inc. is a great example of a clean, efficient, modern facility utilizing new technology in rural Newfoundland and Labrador.

Established in 1989, New Wood Manufacturers Inc. operates in a 22,000 sq. foot facility in Centreville. The company employs 16 skilled workers, and sells product to wholesale customers such as Kent Building Supplies, Ledrew Lumber Ltd., and Notre Dame Building Supplies Ltd, as well as specialty contractors such as the Hardwood Depot.

Support for innovation and technology delivers on commitments in The Way Forward to strengthen the province’s economic foundation. The Way Forward outlines all actions the Provincial Government is taking to achieve a strong, diversified economy and can be viewed at thewayforward.gov.nl.ca.

Quotes
“Creating economic growth is a key goal of our government as highlighted in The Way Forward. Through our investment in New Wood Manufacturers we are helping the company grow its manufacturing operation while seeking innovative ways to diversify into new market segments that complement its core manufacturing operations.”
Honourable Christopher Mitchelmore
Minister of Tourism, Culture, Industry and Innovation

“This is exciting news for New Wood Manufacturers Inc., the community, and residents of Centreville. By working together, we see the results of the hard work put towards strengthening and diversifying Centreville’s economy; providing positive outcomes for those living in the district. Our government is continuing on its commitment of growth and opportunity to reinforce the economic foundation for rural communities.”
Derrick Bragg
MHA for Fogo Island – Cape Freels

“As one of the leading manufacturers of stair components in Newfoundland and Labrador, the addition of a 12-inch moulder increases our capacity to produce stair treads, thus reducing our importing of finished products.”
Bill Noble
President, New Wood Manufacturers Inc.

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New Wood Manufacturers Inc

The Way Forward

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