Over $460,000 in provincial funding is on its way to two forestry and manufacturing sector projects in Sturgeon Falls.
Sturgeon Falls Brush and Contracting Limited, a land clearing contractor and forestry service provider, receives $400,000 to purchase new equipment to diversify its operations.
Best Blasting Mats Inc., a manufacturer of rubber blasting mats under Dynamat Inc., will receive $61,333 to upgrade its facility and purchase new equipment to allow the company to introduce three new product lines to serve new markets.
“Promoting business expansion in our forestry and mining sectors helps these important industries and the companies that service them remain competitive, innovative and current,” said Greg Rickford, Minister of Northern Development, Mines, Natural Resources and Forestry. “These investments not only enable these companies to grow and thrive but also bring good-paying jobs to the community.”
The money is coming from the Northern Ontario Heritage Fund.