Three local businesses are getting a financial kick from the federal government.
$848,748 is being made available through FedNor’s Regional Economic Growth Through Innovation program which officials say will help create jobs, expand operations, enhance competitiveness and boost profitability.
The Companies
- Nu-Tech Metals Sales and Services Limited
- Thunder Bay Hydraulics Incorporated
- Heartbeat Hot Sauce Company
“Expanding into the commercial hydraulic scissor lift market is a game changer for our company,” says Jamie Crozier, the Manager of Thunder Bay Hydraulics. “The support from FedNor is allowing us to expand our product line and upgrade our facilities. We fully expect this expansion will allow us double our annual sales and production, helping to take our business to new heights.”
The Owner of Heartbeat Hot Sauce, Nancy Shaw, is also thrilled with the funding.
“[Our company] has become so popular that we need a bigger building, more capacity, larger workforce, and upgraded production processes to keep pace with demand,” Shaw adds. “We have a hot commodity on our hands and we’re [thankful] that FedNor is partnering with us to make this expansion possible.”