Funding will create new full-time jobs and promote economic development in the North
FORT FRANCES – The Ontario government is investing $241,000 in two Rainy River District businesses to help promote economic development and create two new full-time jobs in the North. This investment will help ensure Arc Prop Repair and M.L. Judson Trucking Ltd. are well positioned to participate in the province’s economic recovery.
“We are proud to support northwestern entrepreneurs as they drive economic recovery, growth and job creation in Kenora-Rainy River,” said Greg Rickford, Minister of Energy, Northern Development and Mines and MPP for Kenora-Rainy River. “COVID-19 has put a strain on many businesses in the north and across the province. Now more than ever, our government is committed to working with northern business owners so they can recover and grow.”
Arc Prop Repair is receiving $168,854 to help them open a facility in Fort Frances. The company manufactures propellers and other key parts for boats and provides welding, fabricating and custom manufacturing services. The project will create one full-time job.
M. L. Judson Trucking Ltd., a truck and heavy equipment services company in Emo, is receiving $72,645 to purchase new equipment and expand its operation. The project will create one full-time job.
“We would like to extend our thanks to the Ontario government,” said Clifford Waldner, Owner-operator, Arc Prop Repair. “The opportunity to work with them in helping to establish this business has been greatly appreciated.”
“We are very grateful for this investment from the Ontario government,” said Luke Judson, General Manager, M. L. Judson Trucking Ltd. “We are very proud of the business we have built. This funding will help our company stay competitive and responsive to the needs of industry while supporting jobs in our community during a challenging time in the economy. Thank you to MPP Greg Rickford for his support of trucking in the Rainy River District.”
Funding for the projects is being delivered through the Northern Ontario Heritage Fund Corporation (NOHFC). The Corporation promotes economic prosperity across Northern Ontario by providing financial assistance to projects – big and small, rural and urban – that stimulate recovery, growth, job creation and skills development. Since June 2018, the NOHFC has invested more than $249 million in 1,963 projects in Northern Ontario, leveraging more than $1.1 billion in investment and creating or sustaining 4,546 jobs.