Resolute Forest Products is ranked as one of Canada’s top spenders in research and development.
The group Research Inforsource says the forest company spent over 18-million dollars in 2016, placing it 83rd on its list.
That accounts for less than one percent of the company’s total revenues earned that year.
The company says some of that spending is going into a $3.5-million bio-refinery pilot plant in Thunder Bay. (File Photo)