A Stirling-area company’s new facility to process hemp into building and insulation materials will probably be built this year between Trenton and Cobourg.
Stonehedge Bio-Resources President John Baker says the Quinte-Northumberland region has an ideal soil-climate resource on which to develop the hemp biomass sector.
He also says its proximity to the Ontario-Quebec corridor and the eastern seaboard of the United States provides an additional competitive advantage.
Stonehedge announced almost two months ago it would receive two-million dollars from a group of investors in the United Kingdom, and it expects the new bio-refining plant will employ up by 27 people by 2011.