Firm Makes $2 Million Investment in PG Hardwood

Quebec, Canada, June 19, 2012 -- Fonds de solidarité FTQ said it has made a $2 million investment in PG Hardwood Flooring.
PG obtains all its hardwood from Scierie Dion et Fils, a company in which Fonds invested in 2010.

The hardwood comes from forest land belonging to Perthuis, a company owned by the Fonds (through its subsidiary Solifor) and Gestion Dion.

Consequently, this is therefore a singular vertical integration model in Québec, where all three parties are experts in their respective fields (harvesting, lumber milling and flooring).

Founded in 1979, PG is the largest employer in Saint-Édouard-de-Lotbinière with 130 workers in an almost fully automated plant.


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