Ontario Construction News staff writer
The Ontario government is providing more than $4.2 million to help 10 businesses purchase new equipment and expand in the Sudbury region.
“Supporting Northeastern Ontario’s entrepreneurs and small and medium business owners has never been more important,” said Minister of Northern Development, Mines, Natural Resources and Forestry Greg Rickford. “Business growth is key to healthy regional economies and communities. With this funding, our government continues to strengthen economic diversification and job creation across the North.”
The following funding is being awarded through the Northern Ontario Heritage Fund Corporation:
- $1 million to Rezplast Manufacturing Ltd. in Sudbury to expand production facility and purchase new equipment
- $1 million to Diesel Electric Services in Sudbury to build a new facility, expand its track infrastructure and purchase new equipment
- $856,647 to Lecoupe Ice to renovate facilities and purchase equipment to amalgamate business operations
- $400,000 to CCM Group Management Ltd. and Metex Manufacturing Ltd. in Lively to build a new facility and purchase new equipment to expand operations
- $378,400 to B&E Honey Fields Ltd. in Noëlville to build a new storage barn for honey and beekeeping equipment, improve shipping and receiving area, and purchase more honey boxes and frames to increase production
- $218,300 to Vitto Brand Foods Limited in Sudbury to renovate facilities and purchase equipment
- $169,264 to Canarini Designer Kitchens Inc. in Sudbury to purchase new automated equipment
- $145,268 to Top Steel Corporation in Val Caron – a manufacturer of roll-over-protective structures and falling-object-protective structures – to purchase equipment and build a testing facility
- $22,730 for Land & Sea Aquatics Inc. in Sudbury to purchase new equipment and renovate its facility to allow for expansion
The NOHFC promotes economic prosperity across Northern Ontario by providing financial assistance to projects—big and small, rural and urban—that stimulate growth, job creation and skills development.