Government of Canada investment allows a unique local company to expand its operations and reach new markets
May 24, 2019 - Sudbury, ON - Federal Economic Development Initiative for Northern Ontario - FedNor
A unique lime slurry manufacturing company will be undertaking a significant expansion and creating a number of well paying jobs thanks to a Government of Canada investment of $1,312,500. This repayable FedNor contribution will enable Sudbury Lime Limited to establish a second 21,000-sq-ft. lime slurry plant on Kukagami Lake Rd. in the Municipality of Markstay-Warren east of Sudbury, as well as support the company's new research and development, and market expansion plans.
Marc Serré, Member of Parliament for Nickel Belt, made the announcement today on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor.
The company's new plant will incorporate more automation, technology and other enhancements that are expected to generate energy savings and result in product quality improvements. The new space and equipment will help the company scale-up and grow, resulting in the creation of five new long-term jobs, along with nine additional jobs during the construction phase.
"Our government is laying the foundation for Canadian companies to become more competitive and succeed in the global economy. Today's investment will help Sudbury Lime Ltd. build on a competitive advantage, grow and create good middle-class jobs for Canadians."
- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor
"I am pleased that our government's investment will enable this local company to expand its operations, reach new markets and create well-paying jobs for the people of Nickel Belt and Sudbury. This is another example of how innovation and technology can help Northern Ontario entrepreneurs and firms capitalize on new opportunities while strengthening our economy."
- Marc Serré, Member of Parliament for Nickel Belt
"We would like to thank the Government of Canada for this investment in our growth. This plant will allow us to expand our customer base with the ability to produce a wide variety of specialty products for domestic and international customers. We produce a differentiated product and this facility will allow us to establish capabilities to further enhance our offering for acid neutralization, water treatment, and a variety of specialty environmental reclamation applications and other industrial uses. A benefit of our product is that it can reduce many of our clients' carbon emission footprint and that is timely given the global challenges we currently face."
- Gilles Lebeau, President, Sudbury Lime Ltd.
Quick facts
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The funding announced today is provided through FedNor's Regional Economic Growth through Innovation (REGI) program, which supports the growth of Canadian businesses, their expansion into new markets and their adoption of new technologies and processes.
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Since 2016 and through successive budgets, the Government of Canada has earmarked an additional $62 million for FedNor in support of various initiatives to enable the organization to further strengthen Northern Ontario's economy and create even more middle-class jobs for Canadians.
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The Prosperity and Growth Strategy for Northern Ontario outlines the Government of Canada's approach to ensure the region can fully benefit from the national Innovation and Skills Plan. It is focused on three key economic development areas: supporting innovation; growing companies; and building stronger communities.
