Industries Parent officially started business operations in November during a ceremony at the Parent Sawmill. Industries Parent invested $21.5 million, including a $12.75 million loan from Investissement Québec and a $5.5-million loan from the Business Development Bank of Canada, to upgrade and reopen two mills that had been closed for approximately two years.

This investment will see some 300 employees return to work: 90 at the Parent Sawmill, 40 at the fingerjoint mill in Trois-Rivières and some 170 forestry workers.

Industries Parent was founded in 2011 when the assets of Kruger’s sawmill in Parent were merged with those of Industries Perron’s fingerjoint mill in Trois-Rivières.