Eleven Northern Ontario mining supply companies will share in $3.7 million in provincial funding, which is aimed at spurring growth and job creation.
The funds come from the Northern Ontario Heritage Fund Corp., and were announced on March 4 during the annual convention of the Prospectors and Developers Association of Canada (PDAC), taking place this week in Toronto
The list of projects includes:
- 894,000 for Itec 2000 Equipment (Timmins) Inc. — a supplier of heavy equipment products and services — to expand into Timmins by acquiring and renovating a building and purchasing equipment;
- $759,573 for A10 Fabrication — an Espanola-based custom design and manufacturing business servicing the mining and forestry sectors — to expand its operations by acquiring and renovating a new property and purchasing equipment;
- $599,893 for NCIndustrial Limited — a Lively-based manufacturer, distributor, and repair depot for heavy industrial products used in the mining, construction, and heavy industrial sectors — to improve productivity by purchasing equipment and reconfiguring its facility;
- $400,000 for Wabi Iron & Steel Corp. — a New Liskeard-based manufacturer of loading and conveyance systems for the mining industry — to expand its product and service offerings by modernizing its facility and purchasing equipment;
- $250,000 for Shaft Sinking Engineered Products Ltd. — a Sudbury-based mining technology business — to develop and test a mucking machine that will automate the development of mine shafts and shaft stations, making mining operations safer and more economical;
- $215,298 for B&D Manufacturing Ltd. — a Chelmsford-based design and fabrication company for mining and construction equipment — to increase production efficiency by purchasing equipment;
- $200,000 for Norsmiths Mining Solutions to establish, in Kirkland Lake, a drill bits and hammer reconditioning business servicing mining companies;
- $143,638 for Nordic Minesteel Technologies Inc. — a North Bay-based solution design company for manufacturing in the mining sector — to develop and test a device that makes the hoisting of persons in mine shafts safer and more economical;
- $101,835 for Cool Heat — a Timmins-based heavy equipment heating and cooling systems services provider for the mining and forestry industries — to improve operational efficiencies by purchasing equipment and building a new shop;
- $100,620 for Titans Mechanical Inc. to establish, in Timmins, a mobile mechanical repair services business for heavy-duty mining equipment and vehicles; and
- $79,282 for the Northern Centre for Advanced Technology (NORCAT) Timmins — a non-profit organization that develops and provides workplace productivity and safety programs, services, and resources — to increase its in-house training capacity by renovating its facility and purchasing equipment.
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