FedDev Ontario invests $625K in Muskoka Cabinet Company Inc. to assist in their scale up

FedDev Ontario invests $625K in Muskoka Cabinet Company Inc. to assist in their scale up (Getty Images)

ALFRED — On June 10, Marie-France Lalonde, Parliamentary Secretary to the Minister of Economic Development and Official Languages, along with Francis Drouin, MP for Glengarry–Prescott–Russell, announced a FedDev Ontario investment of $625,000 to support the scale-up of Muskoka Cabinet Company Inc., a manufacturer of residential cabinetry.

Muskoka Cabinet Company Inc., an Industry 4.0-enabled manufacturer that sells to home builders and contractors, will adopt an improved cabinet panel finishing line. The new line will help the company increase its productivity by 50 percent and support its overall competitiveness. This will mean the company can hopefully better meet customer demand and grow its workforce in other areas. Muskoka Cabinet Company Inc. will diversify its local economy by creating seven new full-time jobs in the Township of Alfred and Plantagenet.

FedDev Ontario’s repayable contribution will leverage an additional $1.87 million in private sector investment.

“Our Government has been there for workers, businesses and underrepresented groups since the start of this pandemic. This investment in Muskoka Cabinet Company enables the company to grow, and strengthens the community. Manufacturing is a cornerstone of Canada’s economy and we are here to help this sector thrive in a post-pandemic Canada.” said Mélanie Joly, Minister responsible for the Federal Economic Development Agency for Southern Ontario.

“Funding like this from FedDev Ontario has allowed Muskoka to push the limits of technology otherwise unafforded by companies our size. I attribute our success to having many key partners internally and externally. Not only will this funding create new jobs, but advancing technology always creates better, higher paying jobs.” said Luke Elias, President & CEO, Muskoka Cabinet Company Inc.