In June 2024, we met with senior leadership from the HASSLACHER Group in Vienna to discuss growth opportunities for their Ontario subsidiary,
@elementfiveco.
The following year in July, we visited their Carinthia facility where we finalized the details of their $107 million St. Thomas expansion.
The project, announced in September 2025, will more than triple Element5’s production capacity, create 150 jobs, and support the rising demand for Ontario timber.
🇦🇹:
news.ontario.ca/en/release/1…