Spending $1.4 million through the Northern Ontario Heritage Fund Corporation (NOHFC) on three companies in the Almaguin Highlands Region, will create 15 new jobs.
- Lofthouse Manufacturing in Burk's Falls is receiving $1 million to increase productivity on the company's valve assembly line by expanding its facility and purchasing new equipment. The project will create eight full-time jobs. In addition, Lofthouse Manufacturing is also receiving $20,800 to accommodate a junior draftsperson intern position.
- Fleetmetrica Inc. in Emsdale is receiving $200,000 to develop a version of its proprietary fleet management software app that can be licensed to other companies. The monitoring app helps supervisors and drivers ensure vehicles are being safely operated. The project will create four full-time jobs.
- Jonathan Miller & Sons Farms in Burk's Falls is receiving $200,000 to establish a cattle farm that raises grass-fed, stress-free cows and calves. The farm will also sell hay and firewood. The project will create one full-time job and one seasonal job.
The NOHFC promotes economic development across Northern Ontario by providing financial assistance to projects - big and small, rural and urban - that stimulate growth, job creation and develop a skilled workforce.