Patriot Forge investing $63 million to build new 320,000-sq.ft. forging plant, nearly doubling company’s output
Koss Aerospace will use financing to buy new equipment to produce larger structural aerospace components for OEMs
Companies receiving funding through FedDev Ontario’s Investing in Business Innovation initiative
A total of four new programs are aimed at retaining, attracting and growing businesses in southern Ontario to increase the region’s global competitiveness
This project is expected to create up to 59 new full-time jobs and help the company target new markets and increase product diversification.
In a budget document that was short on details and even shorter on new spending, several policies that impact manufacturers directly were extended or enhanced