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Province invests $3.8M into six Sudbury businesses

By: Sudbury Northern Life Staff

 | Mar 28, 2014 - 10:40 AM |

Investment expected to create or retain 118 jobs

The province has invested $3.8 million into six private-sector projects in Sudbury through the Northern Ontario Heritage Fund Corporation.

Together, the six projects are expected to create or retain 118 jobs in the region.

Morin Industrial Coatings received $1 million to expand its corrosion control.

Mining Technologies International received $1 million to assist in establishing an underground research and demonstration site in Lively, creating seven new jobs.

BSK Machine Shop received $929,000 to expand its Sudbury facility by almost 50 per cent, creating 10 new jobs.

With a provincial investment of $723,500 Doug’s Venture will grow its mechanical contracting business in Lively, creating eight new jobs and retaining another 80 jobs.

National Mine Safety Training Centre in Sudbury has received $100,000 to develop an air purifying respirator with a built-in communications system for industrial workers, creating two new jobs.

And a provincial investment of $68,516 will allow K-Fab Custom Metal Fabrication to expand its shop in Blezard Valley, creating three new jobs.

“The global economy is increasingly competitive and Northern Ontario businesses need to be innovative,” Michael Gravelle, Ontario's minister of Northern Development and Mines, in a release. “I am very pleased that the NOHFC is helping northern entrepreneurs grow their businesses to compete in today’s marketplace.”

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