
Dajcor Aluminum Ltd. a leading Canadian supplier of extruded, fabricated/machined and anodized aluminium components, received multi-million dollar federal investment on Monday at the Dajcor facility.
The government announced the company will receive $2.48 million in FedDev Ontario funding in order to increase production and employment opportunities.
Peter Fragiskatos, MP for London North Centre toured Dajcor Aluminum with company’s president Mike Kilby on Monday.
Fragiskatos commented: “I was blown away, They’re doing everything under one roof – it’s one of the reasons they were recognized certainly by the Chatham-Kent chamber of commerce but especially with the Government of Canada.”
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.
According to Fragiskatos, the investment FedDev Ontario doesnot only support support Dajcor, but also the manufacturing industry as a whole.
He further stated “It signifies the fact that innovation matters, Manufacturing is still vital, we have 1.7-million Canadians employed in the manufacturing sector.”
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He added “Manufacturing looks different, it’s about innovation and innovation is about taking existing knowledge and applying it differently.”
Dajcor Aluminum has recently awarded provincial funding. The collected funds will be devoted to different areas.
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