Ontario Invests in steel galvanizing plant to create 45 Jobs in North Bay

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Norgalv โ€“ a steel galvanizing plant in North Bay โ€“ got a $5 million cash injection from theย Northern Ontario Heritage Fund Corporation (NOHFC) last week to build a facility, purchase new equipment and establish a single production line, creating 45 new full-time jobs.

โ€œWe are proud to support the expansion of Norgalv, which will create jobs and build prosperity in North Bay,โ€ said Nipissing MPP Vic Fedeli. โ€œNow more than ever, our government recognizes the importance of showcasing Northern Ontario as a great place for new investment to attract businesses, spur job creation, and strengthen competitiveness.โ€

The facility is expected to be more than 35,000 square feet and will employ 45 to 50 people. It will be a site for automated hot-dip galvanizing.

Construction has been delayed by COVID-19, but Norgalv is expected to open by November.

Galvanizing adds a protective zinc coating to metal to protect it from rusting. The project will strengthen the steel value chain as producers and machine shops will now have a local and more cost-effective source for galvanizing.

Norgalv will be the only steel galvanizing company in Northern Ontario.

โ€œAs our economy reopens, manufacturing companies like Norgalv are doing their part and working hard to create good-paying jobs in the north,โ€ said Greg Rickford, minister of energy, Northern development and mines. โ€œStrengthening the local steel industry in North Bay is an important part of our governmentโ€™s plan to create more jobs and attract new and expanded investment so our northern communities can grow and thrive.โ€

Andre Van Soelen, managing director at Norgalv Limited says the announcement is another chapter in what will be a โ€œlong and prosperous journeyโ€ for Norgalv in Northern Ontario, and North Bay, specifically.

โ€œGrowing the economy and creating jobs are not mere slogans for this government, rather they are goals, proven by the assistance and support shown here today,โ€ he said. โ€œNorgalvโ€™s products will be manufactured in the North, used in the North, and hopefully exported from the North, resulting in increased job opportunities and economic growth for our region.โ€

The NOHFC promotes economic development across Northern Ontario by providing financial assistance to projects โ€“ big and small, rural and urban โ€“ that stimulate growth, job creation and skilled workforce development. Since June 2018, the NOHFC has invested more than $193 million in 1,386 projects in Northern Ontario, leveraging more than $748 million in investment and creating or sustaining 3,912 jobs.

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