Province aiding in $28.5 million expansion of Structural Truss Systems in Fort Macleod
FORT MACLEOD, AB – With help from the Alberta Government’s Investment and Growth Fund, Structural Truss Systems Ltd. is investing $28.5 million into a new Fort Macleod facility.
Nearly $1 million in funding was allocated to Structural Truss from the fund’s rural stream.
The Government of Alberta created the Investment and Growth Fund in 2021 to help companies expand operations in the province. Officials forecast that for every $1 million that the fund contributes to Alberta investments, approximately $70 million will be spent in the province.
Chelsae Petrovic, MLA for Livingstone-Macleod said, “Structural Truss’ investment in the new Fort Macleod facility marks a significant milestone in Alberta’s economic growth, reinforcing the region’s potential and resilience. With support from the Investment and Growth Fund, Alberta’s commitment to fostering sustainable development and job creation remains unwavering.”