SAULT STE. MARIE, ONT. — The province has announced it is investing more than $3.7 million in a variety of projects that will support economic development in northern Ontario.
Funding is being delivered to the following businesses through the Northern Ontario Heritage Fund Corporation (NOHFC):
- $1 million for the Sault Ste. Marie Airport Development Corporation to fund construction of a 11,250 square foot storage facility to house aircraft maintenance equipment for JD Aero.
- $1 million for Palmer Construction Group Inc. to purchase asphalt recycling equipment.
- $593,926 for China Steel Inc. to purchase new production equipment.
- $522,422 for Ontario Concrete Finishing (Soo) Ltd. to purchase a new concrete pump and surveying equipment.
- $312,535 for Norquay Trusses Ltd., a manufacturer of prefabricated wood building products.
- $153,507 for Wolowich Tool, a family-owned business providing tool repair services, to relocate its operations to a newly built service centre.
- $121,869 for Rolling Pictures, an audio and video postproduction company, to expand its machine room and purchase new equipment.
- $45,277 for Hardwood Hill Enterprises, a family-operated manufacturer of cedar-barrel saunas, to purchase new equipment and construct a new building.
The NOHFC fosters economic growth, job creation and workforce development throughout the north, explains a release. Since June 2018, the NOHFC has invested more than $905 million in 7,309 projects in northern Ontario.
Recent Comments