Delta-based Marcon Metalfab has received $1 million in funding through Western Economic Diversification Canada.
The funding announcement was made Tuesday morning by Carla Qualtrough, Delta MP and Minister of Public Services and Procurement and Minister of Accessibility.
Through this investment, Marcon Metalfab will purchase and install equipment to enhance production capacity and capabilities at its facility in the Tilbury Industrial Park. It is anticipated that this investment will create new jobs, provide training opportunities and allow the company to take on new work.
“Marcon Metalfab would like to thank Western Economic Diversification Canada for recognizing our efforts and investments in technology and people, making us leaders in the highway and bridge infrastructure sector,” said company president Ari Burstein. “The government funding of $1 million will allowed us to accelerate our growth plans and purchase $3 million in new equipment. This investment will help us reach new customers, produce new innovative products, export to new markets, and will lead to new jobs and opportunities as we continue to grow.”
The funding is being provided under the Regional Economic Growth through Innovation (REGI) Steel and Aluminum Initiative, announced in March 2019.
In the West, this funding is being delivered through Western Economic Diversification Canada. The funding provides targeted support to Canadian small and medium-sized businesses in the steel, aluminum and manufacturing sectors through non-repayable contributions for projects to enhance productivity, increase competitiveness by adopting new innovative technologies, and create more highly skilled jobs.
“This funding is supporting a key contributor of good, middle-class jobs, both in Delta and across Canada,” said Qualtrough. “By recognizing and investing in companies like Marcon Metalfab, our government is laying the foundation for continued economic prosperity and jobs in Canadian communities.”
