Jeff Leal Minister Responsible for Small Business has said that “Today’s announcement is an excellent example of what can be accomplished when industry and government work together, creating good jobs and boosting Ontario’s manufacturing sector. Our partnership with Nova Steel through the Southwestern Ontario Development Fund is helping them invest in new technology and grow their business, a key priority of our government.”
Ontario is partnering with Nova Steel Inc. to invest in new equipment and expand its production capabilities, creating 20 new jobs and retaining 47 positions in Woodstock.
Liz Sandals, MPP for Guelph and President of the Treasury Board, made the announcement today on behalf of Jeff Leal, Minister Responsible for Small Business.
Nova Steel Inc. is a leading manufacturer in the North American steel industry. The company makes a variety of steel products such as tubes, pipes and flat roll products. Nova Steel’s products are used primarily in the auto industry as well as in sectors such as transportation, construction, agriculture and heavy equipment.
With support from the Southwestern Ontario Development Fund, the company is investing in state-of-the-art equipment and process improvement to access new markets and diversify its product offerings.
Investing in advanced manufacturing is part of our plan to create jobs, grow our economy and help people in their everyday lives.