Five businesses in Parry Sound are the recipient of $2.2 million in provincial funding, which will be used to expand their manufacturing capabilities.
The Northern Ontario Heritage Fund money is expected to create 38 new jobs and boost economic development through the region.
- $1 million for Lofthouse Manufacturing – a forging and machining company in Burk’s Falls – to enlarge its toolroom, purchase equipment and automate part of its manufacturing process. The project will create eight full-time jobs.
- $918,550 for Connor Industries – an aluminum boat manufacturer in Parry Sound known world-wide under the trademark name Stanley® – to renovate its facility, construct two new buildings and purchase equipment. The project will create 12 full-time jobs.
- $200,000 for Wave Fibre Mill to establish a full-scale fibre processing mill in Seguin. The mill will use locally sourced raw materials to produce fabrics such as yarn, felt and roving. The project will create five part-time and five full-time jobs.
- $113,968 for RJW Enterprises – a solid surface fabricator in Seguin – to renovate its facility and purchase equipment. The project will create six full-time jobs.
- $16,614 for Patternstone – a masonry and landscaping products manufacturer in Burk’s Falls – to renovate its facility and purchase equipment. The project will create two full-time jobs.