Corruven Canada Inc. manufactures high performance corrugated wood products for packaging, furniture, architectural, and building materials
OREANDA-NEWS. Corruven Canada Inc. manufactures high performance corrugated wood products for packaging, furniture, architectural, and building materials. The company developed the Corruven® technology which combines wood’s natural strengths, green chemistry, and a corrugated shape to create innovative products. The company’s main facility is located in Saint-Basile, NB.
Through this project, Corruven Canada will research, design, and build the first industrial scale corrugating line that can create corrugated wood products from veneer rejects. The main activities include developing a new press line and research on advanced wood processing.
ACOA’s Innovation Programming
ACOA’s innovation programming, which includes the Atlantic Innovation Fund and the Business Development Program, responds to the evolving needs of Atlantic businesses and researchers. It is designed to help bring to market new products, technologies and services that will improve the competitiveness and productivity of the Atlantic economy. These programs also provide support to small and medium-sized enterprises across the region to acquire or adapt innovative technologies that can improve their productivity and competitiveness, while also enabling them to build the skills they need to innovate and compete in today’s global economy.
Since January 2016, the Government of Canada through ACOA, has announced investments of over
$21 million for 11 innovation and R&D projects in the Atlantic region. New investments totaling up to $16.8 million will be announced over the coming weeks, bringing ACOA’s total investments for innovation projects in 2016 to over $38 million.
Investing in Innovation in Atlantic Canada
AIF investments since January 2016
Province |
Organization |
ACOA Investment |
Newfoundland and Labrador |
||
C-CORE |
$3,000,000 |
|
Quorum Information Systems Inc. (NL) |
$1,076,067 |
|
Canatec Associates International Ltd. (NL) |
$853,127 |
|
Nova Scotia |
||
Cape Breton University’s Verschuren Centre |
$1,161,710 |
|
QRA Consulting Inc. |
$2,994,928 |
|
St. Francis Xavier University |
$1,853,447 |
|
Mara Renewables Corporation |
$3,000,000 |
|
GeoSpectrum Technologies Incorporated |
$1,900,000 |
|
Prince Edward Island |
||
Aspin Kemp and Associates Holding Corporation |
$2,938,201 |
|
New Brunswick |
||
Jiffy Products (N.B.) Ltd |
$906,750 |
|
Corruven Canada |
$2,000,000 |
|
Totals |
11 Projects |
$21,684,230 |
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