CA Gov
Today, 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 more than $3.4 million for four businesses to respond, adapt and compete amid shifting market conditions.
| Recipient Name | Project | Funding Amount |
|---|---|---|
| Havelock Metal Co. | Peterborough-based manufacturer to expand operations by adding a dedicated advanced mill to produce high-quality panels in a new profile to diversify its product lines, achieve vertical integration, and enable it to better meet the domestic demand for Canadian-sourced and made products. | $750,000 |
| Kit Steel Inc. | Welland-based reinforcing steel (rebar) fabricator to modernize production infrastructure to enhance operational efficiency and strengthen competitiveness. | $655,026 |
| Steelcon Fabrication Inc. | Welland-based steel fabricator to establish an automated structural steel and joist fabrication shop that enhances throughput, precision, and operational efficiency across its Welland and St. Catharines facilities. | $1,000,000 |
| Titus Steel Company Ltd. | Mississauga-based importer, distributor and fabricator of specialty wear and impact steels, work-hardening steels, and tool and die steels to expand its fabrication capabilities through the adoption of specialized equipment. | $1,000,000 |
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