Ontario is supporting business development in the Northeast by helping local companies expand operations and increase revenues.
With grants of nearly $1 million through the Northern Ontario Heritage Fund Corporation (NOHFC), the province is supporting four small business projects that will create 21 new jobs:
- Temiskaming Propane in New Liskeard is receiving $200,000 to establish a new business remanufacturing old propane tanks and reintroducing them into the market. Temiskaming Propane intends to work with a variety of propane tank formats with sizes from 9 kg to 190 kg. When operational, they intend to be able to service propane tanks that serve a standard household barbecue to tanks large enough serve cottages and homes.
- Nor-Arc Steel Fabricators in Earlton will receive $195,764 to support new equipment to modernize their facility and improve production
- Great Lakes Graphite Inc. in Matheson will receive $412,360 to refurbish their facility to produce micronized graphite, a superfine material used in a range of specialized products, such as lithium-ion batteries for electric vehicles and fuel cells for energy storage
- Leis Wood Products in Coleman is receiving $189,857 for an automated bagger and stretch wrapping machine to efficiently package wood shavings, enhancing quality and productivity
