Ontario investing $3.8M in Ottawa area manufacturers
by CM Staff
Ontario investing in 4 Ottawa area companies to bolster domestic manufacturing and create jobs.
VARS — The Ontario government is supporting an investment of $25.5 million by local businesses to help strengthen domestic manufacturing and attract investment in the Ottawa region. The province is investing over $3.8 million in four Ottawa businesses through the Regional Development Program that will help create 63 jobs and retain 141 jobs in the area.
“Our government’s top priority throughout the pandemic has been protecting the province’s health and protecting our jobs and economy,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “These projects will make a significant impact in our Eastern Ontario communities and economies. They will enable long-term measurable outcomes, including private-sector investments, job creation and retention, and strong regional growth.”
Beau-Roc Inc. is building a second facility to manufacture dump bodies for dump trucks in a $12-million project that will create 30 jobs and help retain 84 existing positions. Ontario is investing $1.8 million from the Eastern Ontario Development Fund to support Beau-Roc’s project. Founded in 1985, the company manufactures premium dump bodies for a wide range of customers and applications across Canada and the United States. The new facility will reduce lead times and enable Beau-Roc to take on custom orders for larger dump bodies.
“This funding will greatly help us with the development of our new, additional manufacturing facility designed to meet the rapidly growing demand for our products in Canada and the US,” said Beau-Roc General Manager, Nathalie St-Pierre. “The expansion will add 30 new skilled and professional jobs while increasing our overall capacity by an estimated 50 per cent. There will also be a significant positive spin-off effect to our supply chain within Ontario and Quebec.”
Ontario is also investing in three other Ottawa-area companies:
Lumibird Ltd. is investing $7.3 million (eligible project costs) in facility upgrades and new equipment, as well as boosting its R&D work for the company’s light detection and ranging technologies (LIDAR). Ontario is providing $1.09 million from the Eastern Ontario Development Fund to help the company create nine jobs and help retain 16 positions. The company specializes in laser technologies with applications in wind energy, meteorology, environmental safety, climate change monitoring, aviation safety, industrial automation, space and defence.
LTR Industries (Ottawa) Ltd. is expanding its millwork production facilities to compete for larger contracts and grow its business. This $5.2 million project is supported with $780,000 from the Eastern Ontario Development Fund, which will help to create 17 jobs and to retain 31 positions. LTR Industries supplies commercial millwork to the general construction industry, interior designers and individual commercial/residential clients, and offers complete design/build services or pre-costed tendered jobs.
KB Media Corp. is building expanded, consolidated premises for the design and production of its print media, signage, wraps, and web services. This $898,000 project is being supported with $134,700 from the Eastern Ontario Development Fund. This investment will create seven jobs and help to retain 10 positions. KB Media Corp, which was founded in 2009, offers a one-stop shop to help companies design and manage their corporate branding.