Sault Ste. Marie solar panel manufacturer benefits from productivity improvements
Funding helps local green-technology manufacturer to become more competitive, grow and create good middle-class jobs
Solar panel manufacturer Heliene Inc. is on track to become more productive and competitive, and grow its business thanks to a Government of Canada repayable contribution of more than $199,000.
“The market for clean technology continues to grow worldwide and I’m proud that the Government of Canada is supporting local companies like Heliene Inc., ensuring our communities are poised to benefit from opportunities in this growing sector. Projects like this lead to economic growth, job creation and a cleaner, greener Canada..” said, Terry Sheehan, Member of Parliament for Sault Ste. Marie
The funding was announced today by Terry Sheehan, Member of Parliament for Sault Ste. Marie on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for FedNor.
Specifically, this funding enabled the company to purchase and install a fully automated soldering machine, as well as provide related staff training. The upgrade will help maintain the jobs of more than 70 people who produce products for solar project developers, engineering and construction companies, and commercial utility customers.
This investment highlights the Government of Canada’s commitment to support clean technology, a key component of Canada’s approach to promoting sustainable economic growth and transforming into a low-carbon, globally competitive economy.
“The Federal government in its last Budget identified the clean-tech sector as a key engine for Canada’s future economic prosperity as the country shifts away from fossil fuels to reduce greenhouse gas emissions that cause climate change. The monetary contribution being announced today is a clear example of how our MP Terry Sheehan is strongly walking the walk and supporting Heliene and therefore our community to be part of this economic trend.” added, Martin Pochtaruk, President, Heliene Inc.
The funding announced today is provided through FedNor’s Northern Ontario Development Program, which supports projects that promote sustainable community economic development, enhance business development and growth, and facilitate innovation throughout the region.
Through its Targeted Manufacturing Initiative for Northern Ontario, FedNor supports the development and growth of the region’s manufacturing sector by helping companies to assess the need for productivity improvements and modernize their operations.
On June 19, 2017, Sustainable Development Technology Canada (SDTC) announced an investment of $1.45 million in Heliene Inc. to conduct research and development of smart-grid technologies. This project will assist the the company expand its product offerings, grow and create jobs.