10 Eastern Ontario Organizations Get Growth Support

CA Gov

Today, Emma Harrison, Member of Parliament for Peterborough, on behalf of the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a combined investment of nearly $6.6 million to support 10 Eastern Ontario organizations to modernize operations, strengthen competitiveness and expand products and services.

Recipient Name

Project

Total Project Cost

FedDev Ontario Funding Contribution

CABN Co. Ltd.

To expand on-site shipping and receiving infrastructure to enhance competitiveness.

$1,477,010

$521,500

Continental Conveyor Ltd.

To adopt advanced manufacturing technologies to support diversifying into new markets.

$2,875,000

$1,000,000

FDF Race Shop

To strengthen operational supply chains and diversify into industrial manufacturing.

$400,000

$200,000

Grayler Metals Corp.

To strengthen manufacturing capabilities through the adoption of new equipment.

$1,039,000

$500,000

Kawartha Metals Corp.

To expand its advanced steel processing capabilities through the integration of specialized equipment.

$1,000,000

$500,000

Merit Precision Ltd.

To modernize manufacturing operations, and support long-term growth through new product commercialization and market expansion.

$1,385,000

$600,000

Scapa Tapes North America ULC

To adopt new advanced equipment and technologies.

$10,500,000

$2,000,000

Soluroc Cobourg Inc.

To modernize and expand domestic manufacturing capabilities.

$1,713,890

$700,000

Thunderbird Farm

To scale and expand agri-tourism operations through the addition of new year-round services and experiences.

$228,000

$228,000

ZipGrow Inc.

To support market diversification and productivity improvements.

$600,000

$300,000

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