North Bay Manufacturing Plant Expands Operations
Ontario Government Is On The Side Of Small Business
SUDBURY - The McGuinty government is helping a North Bay manufacturer expand and create new jobs by investing in the relocation of Rahn Plastics to larger facilities, Nipissing MPP Monique Smith announced today on behalf of Northern Development and Mines Minister Rick Bartolucci.
"The McGuinty government is committed to supporting private sector expansion and job creation across Northern Ontario," said Bartolucci, who chairs the Northern Ontario Heritage Fund Corporation (NOHFC). "That's why we are investing in the development of northern industrial parks to attract new industries, in skills training to develop skilled workers, and in the North's manufacturers to grow their business."
The NOHFC is providing $700,000 to Rahn Plastics for the purchase of a new plant and equipment. The company, which manufactures high pressure polyethylene fittings for large natural gas and water pipe customers, will relocate its operations to a much-larger 34,000-square foot facility on Birch's Road in North Bay. This expansion project is expected to help create about 10 new jobs over the next three years.
"As the only major manufacturer of polyethylene fittings in Canada, Rahn Plastics has developed a lower cost and more durable alternative to base metal products right here in North Bay," said Nipissing MPP Monique Smith. "I am very pleased that the NOHFC could support the relocation to larger facilities and help position the company for future long-term success right here in our community."
Other McGuinty government initiatives for northern prosperity include:
• Providing up to $1 million under the NOHFC's Emerging Technology Program to private sector companies to develop exciting and viable new technologies in the North
• Providing up to $25,000 through the Northern Ontario Young Entrepreneur Program to support business start-ups by young northerners
• Introducing Ontario's $500 million Manufacturing Investment Strategy to help industry develop leading technologies and innovations to remain globally competitive.
These initiatives are part of the government's Northern Prosperity Plan for building stronger northern communities. The Northern Prosperity Plan has four pillars: Strengthening the North and its Communities; Listening to and Serving Northerners Better; Competing Globally; and Providing Opportunities for All.
Minister's Office - Sudbury
MNDM - Sudbury