Ontario Supporting Business Expansion in Parry Sound
Construction of New Facility Improving Operations and Increasing Production
The government is making strategic investments to help grow the economy and create jobs in the Parry Sound area by investing in expansion at Kropf Industrial Inc.
Michael Gravelle, Minister of Northern Development and Mines was in Parry Sound today to announce an investment that enabled Kropf to construct a modern new production facility in Seguin Township, helping to expand the manufacturer's global competitiveness.
Kropf Industrial fabricates a broad range of equipment, including floating dock systems, hydraulic boat trailers, boat storage stands, and customized equipment for material handling and transportation.
This expansion made it possible for Kropf to address process flow, reduce environmental impacts and decrease production inefficiencies. This capital project also allowed Kropf to hire five new employees in the areas of production, sales and administration to serve their domestic and international markets.
The project included building a 13,500-square-foot addition, along with a state-of-the-art sandblasting booth and a modern paint booth. These upgrades were made to enhance working conditions, decrease production costs and increase the company's competitiveness.
Supporting business expansion in Parry Sound is part of our plan to create jobs, grow our economy, and help people in their everyday lives.
- Ontario invested $1 million in the Kropf Industrial facilities expansion project through the Northern Ontario Heritage Fund Corporation (NOHFC).
- Since 2013, the NOHFC has invested over $21 million leveraging over $77 million toward 140 projects in the Region of Parry Sound, creating or retaining 318 jobs.
- Between January 2013 and June 2017, the province has approved over $533 million through the NOHFC, leveraging over $2 billion toward 3,317 projects in Northern Ontario, and creating or sustaining 13,926 jobs in the North.
“Kropf Industrial is a prime example of a dedicated, family-run company whose globally renowned commitment to quality and service has benefited not only Seguin Township and the Region of Parry Sound, but all of Ontario. Their expansion will bring greater opportunity for long-term growth and job creation throughout the North.”
“We are grateful for the provincial government’s generous financial support, which has helped our Kropf Industrial team reach an important goal to expand and reach more international markets. Our customer base has increased over the last several months, resulting in the opportunity to hire many more new employees.”