$2.48M For Dajcor Aluminum

December 28, 2016 - "Press Releases"

FedDev Ontario Invests $2.48M in Dajcor Aluminum Ltd.

BY NATALIA VEGA

The federal government is investing $2.48-million into Dajcor Aluminum Ltd. in Chatham.

The funding announcement had been made Monday morning at the Dajcor facility.

The investment from FedDev Ontario (Federal Economic Development Agency for Southern Ontario) is primarily to increase production — meaning more job opportunities and upgrading the facility.

FedDev Ontario Invests $2.48M in Dajcor Aluminum Ltd.

London Liberal MP Peter Fragiskatos came to Chatham, where he was taken on a tour of the facility. During the tour he had been accompanied by Dajcor President Mike Kilby and the Chatham-Kent Mayor Randy Hope.

“I was blown away,” says Fragiskatos. “They’re doing everything under one roof – it’s one of the reasons they were recognized certainly by the Chatham-Kent chamber of commerce but especially with the Government of Canada.”

The manufacturing company provides aluminum components for many sectors including automotive, light rail transit, and construction.

Fragiskatos says the investment FedDev Ontario is making doesn’t just help support Dajcor, but the manufacturing industry as a whole.

“It signifies the fact that innovation matters,” he says. “Manufacturing is still vital, we have 1.7-million Canadians employed in the manufacturing sector.”

He adds, an important part of manufacturing is to stay innovative.

“Manufacturing looks different,” says Fragiskatos. “It’s about innovation and innovation is about taking existing knowledge and applying it differently.”

Dajcor Aluminum has also recently received provincial funding. The combined funds will be allocated to different areas, with more noticeable changes coming in the new year.

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