With its strategic location, low cost of doing business and high quality of life, Sault Ste. Marie offers competitive advantages for manufacturing firms. To promote this sector around the world and attract new investment, the Sault Ste. Marie Economic Development Corporation (SSMEDC) released a marketing video today. The segment highlights several local companies and why they’re operating in the city.
The companies featured include Heliene’s solar panel manufacturing facility, Tenaris Algoma Tubes, Arauco’s medium-density fibreboard production mill, the Pollard Banknote Ltd. instant lottery ticket operation, EACOM engineered wood, Northern Superior Brewing Co., SIS Manufacturing, Algoma, Outspoken Brewing, and Paverdeck’s galvanized steel deck assembly plant.
“Sault Ste. Marie has a long and proud history of transforming natural resources and raw materials into high-quality manufactured goods,” said Nevin Buconjic, Manager of Trade, Investment and Community Marketing for the SSMEDC. “But we are more than just a steel town. We produce solar panels, instant lottery tickets, craft beer, locomotive train chassis and much more. We produce innovative and value-added products across numerous sectors, and we want to help showcase this capability to the world.”
The marketing video is part of the SSMEDC’s Invest Sault Ste. Marie project, a targeted program aimed at attracting external companies and investment to the community. Through the initiative, the organization is also working to secure export opportunities for local businesses. The overall goal is to create and retain jobs in Sault Ste. Marie.
“While supporting existing industry and investment attraction across numerous sectors, Invest Sault Ste. Marie is focusing efforts on high-potential opportunities such as smart energy, digital steel and advanced manufacturing,” said Dan Hollingsworth, Executive Director of Business Development for the SSMEDC. “We’re working with our community partners and stakeholders to leverage investment attraction within these sectors.”
Under the Invest Sault Ste. Marie initiative, the SSMEDC made 17 formal pitches to external investors in 2017. Of these prospective deals, three were closed by year-end. The program is supported by FedNor, the Northern Ontario Heritage Fund Corporation and City of Sault Ste. Marie. To learn more, visit www.investsaultstemarie.com.