Government of Canada supports Clean Tech manufacturers

Two southern Ontario clean tech companies to increase production of sustainable manufacturing innovations with Government of Canada support

August 13, 2024

Federal Economic Development Agency for Southern OntarioWomen and Gender Equality Canada

Today, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced funding for Next Hydrogen Corporation, a Mississauga-based clean tech company that supports sustainable practices by manufacturing innovative electrolyzers that use water and electricity to produce clean hydrogen for use as a renewable energy source.

Next Hydrogen Corporation is taking on new manufacturing processes to increase production of its innovative, next-generation, cost-effective electrolyzer modules for large-scale, green hydrogen producers. With a $2-million repayable investment, the company will be able to strengthen its clean energy production, reduce greenhouse gas emissions and address increased demand from clients, including those in the transportation and industrial sectors.

In addition, Pulp Moulded Products Inc., a Newmarket-based clean tech manufacturer specializing in recyclable and compostable molded fibre packaging for the food and beverage, automotive and electronics markets, will scale its operations through the addition of new pressing and manufacturing lines. Through a $1.3-million repayable investment, the company will be able to support the increased demand from clients looking to reduce single-use plastic packaging in favour of more sustainable, eco-friendly alternatives.

The Government of Canada is investing in small businesses and organizations that are creating sustainable jobs and clean economic growth in southern Ontario.

• Founded in 2007, Mississauga-based Next Hydrogen Corporation is a designer and manufacturer of innovative water electrolyzers, a unique and patented cell that directly connects with renewable energy resources to produce large-scale and cost-effective green hydrogen.
• The company’s customer and partner base includes Atomic Energy of Canada Limited, Canadian Tire, Hyundai, Kia, GE Vernova and more.
• Established in 2008, Newmarket-based Pulp Moulded Products Inc. (PMP) is a clean tech manufacturer specializing in pulp moulded fibre packaging products using post-industrial waste and converting these materials into recyclable and 100 percent compostable products for produce, food packaging, automotive and consumer electronics markets.
• Since 2015, the Government of Canada, through FedDev Ontario, has invested over $700 million in more than 300 projects to support clean growth initiatives in southern Ontario.

Additional Resources

• FedDev Ontario
• Next Hydrogen Corporation
• Pulp Moulded Products Inc.

Media Contacts

Edward Hutchinson
Press Secretary
Office of the Minister responsible for the Federal Economic Development Agency for Southern Ontario
Edward.hutchinson@feddevontario.gc.ca

FedDev Ontario
Media Relations
media@feddevontario.gc.ca