Federal government invests $750K in Lubecore International Inc.
by CM Staff
The investment, through FedDev Ontario, will create at least 15 new jobs for Lubecore International Inc.
CAMPBELLVILLE — On Mar. 8, Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a Government of Canada investment of $755,500 through the Jobs and Growth Fund (JGF) to Lubecore International Inc., to modernize and enhance operations at its manufacturing facility, create jobs, and lay the foundation for future growth.
Founded in 2008 by Linda Eisses and her husband Jan Eisses, Lubecore International Inc. is a manufacturer of automated greasing systems. The company is trying to contribute to sustainability in the many sectors they serve by manufacturing products that increase be able to purchase equipment to modernize its Campbellville production facility, adopt digital technologies to grow their operations and begin producing parts that have traditionally been made outside of Canada. This federal government support will try and ensure that Lubecore remains competitive and well-positioned for long term stability and growth and create 15 new skilled jobs.
“The Government of Canada recognizes the importance of making smart investments in Canadian businesses to ensure that our Canadian manufacturers are leaders in sustainable manufacturing. Today’s investment in Lubecore International, highlights our government’s commitment to Canada’s transition to a green economy as we continue to create good, secure jobs for Canadians. By supporting local manufacturers and protecting Canadian jobs, we’re creating a resilient and inclusive economy for Canadians.” said Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario.