Economic Impact Award
Laminacorr Industries was recognized during the 31st Annual Business Excellence Awards hosted by the Cornwall and Area Chamber Of Commerce. It brought home the Economic Impact Award. This award recognizes an extraordinary investment in the community that has a significant positive impact on the economy of the City of Cornwall and the surrounding regions. Laminacorr qualified for this awards thanks to its recent investment and workforce increases.
The Business Excellence Awards recognizes and celebrates firms and individual who have distinguished themselves by fostering growth, innovation, community service and excellence in their sectors. Each winner was selected by their peers as a tribute to their collective achievements.
Laminacorr invested 7.7 million dollars in 2018 alone. The biggest part of this investment went in new and upgraded machinery while the rest focused on completing the building additions started the previous year. Laminacorr increases its workforce by 30%, adding 20 new employees and creating several new positions in the process. Most of the spin-off activity created by Laminacorr in 2018 was paid to local contractors and local transportation company.
The evening included a cocktail reception, dining entertainment, and the friendly competition of a silent auction. The 2019 dinner was held on Saturday, February 23th at the NAV Centre.
About the Cornwall & Area Chamber Of Commerce
The Cornwall & Area Chamber of Commerce is a dynamic and fully autonomous business organization representing more than 500 businesses throughout the Cornwall area. The Cornwall & Area Chamber of Commerce mission is the recognized voice of business committed to the enhancement of economic prosperity of the business community in Cornwall and area. We’re proud of our chamber and what we can accomplish with the teamwork between the Board of Directors and the administrative team. Take a browse through our profile and find out what exactly we’re made of.