NewsDownstreamFederal government to invest $2.48-million for Dajcor Aluminum in Chatham
21 DECEMBER 2016AlCircle.com

Federal government to invest $2.48-million for Dajcor Aluminum in Chatham

Edited by : Heena Iqbal
2 min read
Federal government to invest $2.48-million for Dajcor Aluminum in Chatham
<p>Dajcor Aluminum Ltd. a&nbsp;&nbsp; leading Canadian supplier of extruded, fabricated/machined and anodized aluminium components, received multi-million dollar federal investment on Monday at the Dajcor facility.<br /><br />The government announced the company will receive $2.48 million in FedDev Ontario funding in order to increase production and employment opportunities.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Heena20.jpg" alt="News" width="400" height="226" /><br />Peter Fragiskatos, MP for London North Centre toured Dajcor Aluminum with company&rsquo;s president Mike Kilby on Monday.<br /><br />&nbsp;Fragiskatos commented:&nbsp; &ldquo;I was blown away, They&rsquo;re doing everything under one roof &ndash; it&rsquo;s one of the reasons they were recognized certainly by the Chatham-Kent chamber of commerce but especially with the Government of Canada.&rdquo;<br /><br />The company provides aluminium components for many sectors including automotive, light rail transit, and construction. Through the upgrades, the company will be able to manufacture more complex and high-quality aluminium components.<br /><br />According to Fragiskatos, the investment FedDev Ontario doesnot only support support Dajcor, but also the manufacturing industry as a whole.<br /><br />He further stated &ldquo;It signifies the fact that innovation matters, Manufacturing is still vital, we have 1.7-million Canadians employed in the manufacturing sector.&rdquo;<br /><br />{googleAdsense}<br /><br />He added &ldquo;Manufacturing looks different, it&rsquo;s about innovation and innovation is about taking existing knowledge and applying it differently.&rdquo;<br /><br />Dajcor Aluminum has recently awarded provincial funding. The collected funds will be devoted to different areas.</p>

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