The provincial government is investing $845,000 to help three local companies enhance their operations in Muskoka and Parry Sound.
According to officials, the funding, being provided through the Northern Ontario Heritage Fund Corporation, will create 20 new manufacturing jobs in the region.
Tooketree Consulting is receiving $400,000 to add 2,000 square feet to its existing facility, which will allow the installation of a bridge crane and other advanced production technology and equipment, as well as investments in computer hardware and software, trainingm and marketing. Officials say this investment will create nine new jobs in the region.
Selkirk Canada is also receiving $45,123 to replace the existing spray gun system and modernize the painting operation, which will create an additional full-time position.
Kropft Industrial in Seguin is also recieving $400,000 to construct a new building with 14,400 square feet of space to house a decking shop, which will create 10 full-time positions.
“Expanding manufacturing and adding jobs is how we grow our communities,” said MPP Graydon Smith. “These projects are key to continuing to add good-paying, highly skilled positions across our region, and I’m glad to see the support they are getting from the Northern Ontario Heritage Fund Corporation. It takes a lot to be able to run and expand a business, so it’s great to see our government supporting these companies and the many others in Parry Sound-Muskoka.”
Officials say the funding is part of a $3.4 million investment the Ontario government is making to support 12 projects across the North.
