The Government of Canada announced a $50,000 contribution to support an innovative R&D project that will assist Structurlam Products, a Penticton-based company, in developing engineered wood panels with economic and environmental benefits.
This contribution, from the National Research Council of Canada-Industrial Research Assistance Program (NRC-IRAP), will support the company in researching, developing, and commercializing 8′ x 30′ cross-laminated engineered wood panels to be used in residential, institutional and commercial construction. These panels would be less expensive and more environmentally-friendly than existing comparable products.
In an official statement, NRC President Dr. Pierre Coulombe was reported as saying that investing in science and technology is critical for improving the long-term competitiveness of firms and “That’s why NRC-IRAP is helping innovative Canadian businesses such as Structurlam grow stronger, faster and bigger”.
FinSMEs
03/09/2009