Fund­ing to cre­ate 16 jobs

Fedeli an­nounces $768,000 for Capi­tol Cen­tre, dis­cov­ery routes, three busi­nesses

North Bay Nugget - - NEWS - Gord Young

hun­dreds of thou­sands of dol­lars in pro­vin­cial fund­ing an­nounced Wed­nes­day in North Bay is ex­pected to help cre­ate 16 full-time jobs in the city.

The $768,000 in fund­ing – an­nounced by Nipiss­ing MPP Vic Fedeli – will be shared among the Capi­tol Cen­tre, dis­cov­ery routes and three lo­cal busi­nesses - h & m En­ter­prise, Odyssey Fluid Power and Epiroc Canada Inc.

“This is an im­por­tant mes­sage to let the peo­ple know that North­ern On­tario is part of our open for busi­ness thrusts that we are on and that there is money flow­ing here into North­ern On­tario for these busi­nesses to ex­pand as well,” said Fedeli, who made the fund­ing an­nounce­ment at the North Bay & district Cham­ber of Com­merce on main Street.

h & m En­ter­prise will re­ceive the lion’s share of the fund­ing – $425,000 – to pur­chase equip­ment and ex­pand its metal fab­ri­ca­tion, ma­chin­ing and weld­ing plant on high­way 11, North.

Owner heinz Sch­luet­ing said the new equip­ment – a large CNC (Com­puter Nu­mer­i­cal Con­trol) milling ma­chine and lathe – has al­ready been or­dered with some pieces ex­pected to ar­rived as early as next week.

he said the busi­ness, which ser­vices the mining and forestry in­dus­try, is ready to im­me­di­ately hire two general ma­chin­ists and ex­pects to hire two more in the new year.

The jobs are among a to­tal of 16 full-time po­si­tions that the pro­vin­cial funds are ex­pected to help cre­ate within the var­i­ous op­er­a­tions.

Odyssey Fluid Power is get­ting a $128,322 share of the money to ren­o­vate a re­cently ac­quired com­mer­cial build­ing and ex­pand its drilling op­er­a­tions.

Epiroc Canada Inc. will re­ceive $86,817to es­tab­lish a re­search and de­vel­op­ment team to fur­ther de­velop and im­prove its prod­ucts for the mining, oil and gas in­dus­tries.

The Capi­tol Cen­tre, mean­while, will get $92,427 to help pay for a spe­cial­ized sound sys­tem ex­pected to help at­tract big­ger acts and meet the needs of rental clients.

The art cen­tre’s Katina Con­nolly said the new sound sys­tem, which was in­stalled in march, is meet­ing the needs of artists and help­ing to save money be­cause equip­ment rentals are no longer re­quired.

“It also al­lowed our pa­tron to re­ally be able to en­joy the shows be­cause the au­dio and sound is pre­sented in a much more pro­fes­sional man­ner,” she said, not­ing the new sys­tem does a much bet­ter job of en­sur­ing every­one gets the same ex­pe­ri­ence no mat­ter where in the theatre they are sit­ting.

The new sys­tem cost in the range of $400,000, in­clud­ing in­stal­la­tion and staff train­ing. The Capi­tol Cen­tre also re­ceived fed­eral fund­ing for the sys­tem last Novem­ber. There was also a mu­nic­i­pal con­tri­bu­tion.

most of the fund­ing an­nounced Wed­nes­day comes from the North­ern On­tario her­itage Fund Cor­po­ra­tion. But $36,000 ear­marked for dis­cov­ery routes has been pro­vided through the ru­ral Eco­nomic de­vel­op­ment (red) pro­gram.

The trails or­ga­ni­za­tion will use the funds to help pay for a mar­ket­ing strat­egy to pro­mote the Voyageur Cy­cling route.

Gord Young/the Nugget

Nipiss­ing MPP Vic Fedeli speaks Wed­nes­day dur­ing a fund­ing an­nounce­ment at the North Bay & District Cham­ber of Com­merce.

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