Ontario Strengthening Manufacturing Sector in Thunder Bay

Ministry of Northern Development, Ontario | October 5th, 2022

The Ontario government is providing $2,135,745 through the Northern Ontario Heritage Fund Corporation (NOHFC) to support the manufacturing sector in Northwestern Ontario. This investment will help build a stronger Ontario by creating jobs, expanding business operations, supporting critical infrastructure and improving quality of life in the North.

“Supporting the manufacturing industry in the Thunder Bay area not only helps create good-paying jobs, but also helps keep the North competitive,” said Greg Rickford, Minister of Northern Development. “These businesses play a critical role in the northern economy, supporting the community and contributing to the province’s prosperity as a whole.”

The following projects are receiving NOHFC funding:

  • $970,000 to Itec 2000 Equipment Inc. for a new hydraulic shop
  • $267,374 to Canada Concrete Corporation to expand its concrete manufacturing operation
  • $217,920 to Thunder Bay Hydraulics to commercialize a car lift
  • $195,000 to EcoCarbon Foam to create an extruded polystyrene (XPS) manufacturing plant start-up
  • $132,814 to Lakehead Ironworks Inc. for three projects:
    • $79,040 for a new cold storage building
    • $25,374 to make building improvements, purchase an align boring machine and install air quality equipment
    • $28,400 to purchase a 300-tonne hydraulic press brake
  • $111,071 to A.M. Ludwig Saw Shop to purchase and install equipment
  • $99,300 to Peterson Machine and Supply Inc. to purchase a large boring mill
  • $90,210 to KMH Industries for a pilot demonstration and commercialization of a roller ski treadmill
  • $44,089 to Countermeasures Security Solutions Inc. (now known as Secure Orbit Inc) to purchase equipment and upgrade its facility
  • $7,967 for North West Industries Inc. to upgrade and purchase new equipment

Learn more by reading the full article at the link: https://news.ontario.ca/en/release/1002363/ontario-strengthening-manufacturing-sector-in-thunder-bay


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