CANADA NEWS RELEASE: Government of Canada support for expansion of Milton and Mississauga-based aerospace manufacturer
NEWS RELEASE
Government of Canada support for expansion of Milton and Mississauga-based aerospace manufacturerOver $9-million FedDev Ontario investment is helping Cyclone Manufacturing Incorporated to commercialize 1,500 parts and support 110 jobs at Milton and Mississauga locations January 17, 2023 |
Milton, Ontario – Canada’s aerospace industry is one of the most research‑intensive and export-focused manufacturing industries in our country and employs thousands of highly skilled workers across the country. In southern Ontario, manufacturers play an integral part in the global supply chain, with products on virtually every passenger aircraft in the world.
Today, Adam van Koeverden, Member of Parliament for Milton, along with Rechie Valdez, Member of Parliament for Mississauga–Streetsville, visited Cyclone Manufacturing Incorporated (Cyclone) to see how the Government of Canada’s investment’s of over $9 million is helping the company to expand its capacity at its Milton facility. In September, MP Valdez, on behalf of the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced the investment at one of the three Mississauga locations. This investment through the Aerospace Regional Recovery Initiative, will help Cyclone expand its facilities in all locations in order to become more productive and competitive. The expansions will include a heat treatment oven at its Milton facility and a temperature-controlled production area at one of its Mississauga facilities. These improvements will allow Cyclone to become more productive and competitive, while also transitioning to greener operations by including more environmentally friendly technologies. This project will support 110 jobs in the region and enhance the company’s ability to create new and larger parts. The Government of Canada is committed to supporting the aerospace sector by providing businesses and organizations the support they need to grow, create jobs and contribute to a strong recovery and future economic growth in a greener and more sustainable and inclusive way. |
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