FedNor invests over $168,000 in Algoma branding solutions

Federal Economic Development Agency for Northern Ontario - FedNor

Government of Canada support to advance women-owned business, create local jobs and expand industry.

July 29, 2022 - Sault Ste. Marie, ON

A key part of Canada's economic recovery is supporting businesses as they adapt, grow, and move forward from the COVID-19 pandemic. To do so, businesses and entrepreneurs need a strong foundation, built on green technological innovation, inclusivity and clean growth to create the workforce of the future.

Today, Terry Sheehan, Member of Parliament for Sault Ste. Marie and Parliamentary Secretary to the Minister of Labour, announced a FedNor investment of $168,802 in SK Group Inc, a leading promotional branding solutions company in Northern Ontario, to expand its operations, support new job creation, and grow the region's economy. The announcement was made on behalf of the Honourable Patty Hajdu, Minister of Indigenous Services and Minister responsible for FedNor.

Thanks to funding provided through FedNor's Jobs and Growth Fund (JGF), SK Group Inc, a woman-owned and led branding solutions company, will purchase and install a state-of-the-art direct to garment machine (DTG), expand its facility to accommodate the new equipment, and hire and train staff to operate the DTG. The DTG will decrease wait times between customers ordering and receiving products, increase order volume, allow the SK Group to add an online designer function to assist customers design their own products, and reduce water consumption in manufacturing. This project will create seven new full-time jobs and support the transition to a green economy through water savings.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.