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Canada helps local manufacturer modernize its operations, scale up and create eight high-quality jobs

Canada helps local manufacturer modernize its operations, scale up and create eight high-quality jobs
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FedNor Steps Up For Local Businesses

Kenora, ON, Canada / 89.5 The Lake Jan 22, 2021 9:27 AM Two Kenora-based businesses got a big boost from Ottawa on Thursday through just over $1.1 million in FedNor funding. Atlantic Industries Limited, who operate on what used to be the Abitibi mill, received $903,510 to expand their operations in town and create a new corrugated metal pipe manufacturing facility. Jason Sherwood is the VP of Operations (International and Western Canada) for the company, and says that their location in Kenora will ‘help drive further growth and create local jobs’. The rest of the Federal Economic Development Initiative for Northern Ontario, or FedNor, funds ($200,000) went to FSET Inc.

First Cobalt Receives $10 Million Investment from Federal and Provincial Governments

First Cobalt Receives $10 Million Investment from Federal and Provincial Governments First Cobalt Corp. is pleased to announce that it has signed contribution agreements and will be the recipient of $10 million in public funding from the Government of Canada and the Government of Ontario . This critical funding will allow the Company to accelerate the commissioning and expansion of its Refinery in Northern Ontario attract new investment, and execute against its strategic business plan. Key terms … First Cobalt Corp. (TSXV: FCC) (OTCQX: FTSSF) (the “Company”) is pleased to announce that it has signed contribution agreements and will be the recipient of $10 million in public funding from the Government of Canada and the Government of Ontario . This critical funding will allow the Company to accelerate the commissioning and expansion of its Refinery in Northern Ontario attract new investment, and execute against its strategic business plan.

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