Sault Ste. Marie companies were the beneficiary of more than $3.7 million in funding from the Northern Ontario Heritage Fund.
The Sault Ste. Marie Airport Development Corporation and Palmer Construction Group each netted $1 million among a slew of funding disbursements to companies across the city.
The airport’s funding was used to build an 11,250-square-foot storage building for aircraft refurbisher JD Aero to use. Palmer applied its money to purchase an environmentally friendly asphalt recycling equipment.
Other recipients include:
- $593,926 for China Steel Inc. to purchase new production equipment.
- $522,422 for Ontario Concrete Finishing (Soo) Ltd. to purchase a new concrete pump and surveying equipment to expand its market base in Northern Ontario.
- $312,535 for Norquay Trusses Ltd., a manufacturer of prefabricated wood building products, to expand its business and create a dedicated facility focused on the production of panel products.
- $153,507 for Wolowich Tool, a family-owned business providing tool repair services, to relocate its operations to a newly-built service centre to increase production capacity.
- $121,869 for Rolling Pictures, an audio and video post-production company, to expand its machine room and purchase new equipment.
- $45,277 for Hardwood Hill Enterprises, a family-operated manufacturer of cedar-barrel saunas, to purchase new equipment and construct a new building to increase production capacity.
“As part of our plan to protect Ontario, our government is making targeted investments that will drive economic growth and prosperity in Sault Ste. Marie,” said Northern Economic Development and Growth Minister George Pirie in an April 23 news release.
“Whether it’s green tech, manufacturing, aviation, or post-production, this funding helps homegrown innovators scale up, create good jobs, and build a more resilient economy right here in the Soo,” added Sault MPP Chris Scott in a statement.