Nickel Belt MP Marc Serré announced an investment of just over $1.3 million in Sudbury Lime Limited on Friday, May 24.
A unique lime slurry manufacturing company, Sudbury Lime Limited will be undertaking a significant expansion and creating a number of well-paying jobs thanks to the FedNor investment of $1,312,500.
This repayable FedNor contribution will enable Sudbury Lime Limited to establish a second 21,000 sq-ft. lime slurry plant on Kukagami Lake Road. in the Municipality of Markstay-Warren east of Sudbury, as well as support the company’s new research and development, and market expansion plans.
“I am pleased that our government’s investment will enable this local company to expand its operations, reach new markets and create well-paying jobs for the people of Nickel Belt and Sudbury," said Serré.
"This is another example of how innovation and technology can help Northern Ontario entrepreneurs and firms capitalize on new opportunities while strengthening our economy.” of Parliament for Nickel Belt
The company’s new plant will incorporate more automation, technology and other enhancements that are expected to generate energy savings and result in product quality improvements.
The new space and equipment will help the company scale-up and grow, resulting in the creation of five new long-term jobs, along with nine additional jobs during the construction phase.
“We would like to thank the Government of Canada for this investment in our growth. This plant will allow us to expand our customer base with the ability to produce a wide variety of specialty products for domestic and international customers," said Gilles Lebeau, president, Sudbury Lime Ltd.
"We produce a differentiated product and this facility will allow us to establish capabilities to further enhance our offering for acid neutralization, water treatment, and a variety of specialty environmental reclamation applications and other industrial uses. A benefit of our product is that it can reduce many of our clients’ carbon emission footprint and that is timely given the global challenges we currently face.”
