September 11, 2020 - North Bay, ON - Federal Economic Development Initiative for Northern Ontario - FedNor
Advanced manufacturing is a cornerstone of the Canadian economy, producing important goods for the domestic and international markets while supporting middle-class jobs for Canadians across the country. Advances in technology are helping Canadian manufacturers to innovate, expand and improve their processes to better compete and stay on the cutting edge.
During these challenging times, the Government of Canada is stepping up efforts to ensure Northern Ontario manufacturers are well positioned to be part of our economic recovery and emerge from it stronger and more competitive than ever before. This involves helping manufacturers expand and modernize their operations, adopt new technologies and invest in state-of-the-art equipment to enhance productivity and maximize efficiencies.
Terry Sheehan, Parliamentary Secretary to the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedNor, today announced a Government of Canada investment of $841,973 to support the expansion of the New Ontario Brewing Company. This strategic investment will allow the brewery to expand and purchase automated processing equipment to enhance production and reduce operating costs. Once complete, this priority project will help the company increase capacity, sales and exports, while creating up to 12 new middle-class jobs.
Quotes
"Advanced manufacturing supports well-paying jobs in communities across Canada, while producing the goods that the world wants. Today's announcement further highlights our Government's commitment to support Canadian manufacturers. Our message to them is clear: we've been here for you with immediate measures, we're here for you now as our economy reopens and we'll get through this, together. We're working with you to support good jobs and help Canada's manufacturing sector come roaring back."
- The Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for FedNor
"Northern Ontario has a wealth of manufacturing expertise and the sector's potential for growth is limitless. I am pleased that FedNor is investing to help the New Ontario Brewing Company expand and modernize their operations, reach new markets and create jobs, nearly doubling their workforce in the City of North Bay."
- Terry Sheehan, Member of Parliament for Sault Ste. Marie and Parliamentary Secretary to the Minister of Economic Development and Official Languages and Minister responsible for FedNor
"We're excited that FedNor is stepping up to support this major expansion, which will help us reduce costs and see our production capability increase ten fold. We bring a taste of Northern Ontario to the marketplace and this priority project will allow us to extend our reach and get our high-quality craft brew into the hands of beer enthusiasts around the world."
- Mike Harrison, President, New Ontario Brewing Company
Quick facts
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The funding announced today is provided through FedNor's Targeted Manufacturing Initiative for Northern Ontario, which helps Northern Ontario manufacturers upgrade and improve capital equipment used in manufacturing processes, including information and communications technology, to improve their competitiveness and productivity.
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Located in North Bay, Ontario, the New Ontario Brewing Company is a craft brewery that offers a wide selection of popular beers which are sold at the company's retail location as well as at The Beer Store, LCBOs and grocery stores across the province.
