Muskoka Cabinet Company will be growing and adding new workers after receiving a FedDev Ontario investment of to add a new line to its manufacturing facility in Alfred.
Marie-France Lalonde, Parliamentary Secretary to the Minister of Economic Development and Official Languages (FedDev Ontario), along with Francis Drouin, Member of Parliament for Glengarry–Prescott–Russell, announced on June 10 a FedDev Ontario investment of $625,000 to support the scale-up of the innovative manufacturer of residential cabinetry.
Muskoka Cabinet Company Inc. – an Industry 4.0-enabled manufacturer that sells to home builders and contractors – will adopt a first-in-Canada, state-of-the-art cabinet panel finishing line. The new line will help the company increase its productivity by 50 per cent and support its overall competitiveness.
The funds will allow the company can meet customer demand and grow its workforce in other areas.
With the support from FedDev Ontario, Muskoka Cabinet Company Inc. will diversify its local economy by creating seven new full-time jobs in the Township of Alfred and Plantagenet.
“Funding like this from FedDev Ontario has allowed Muskoka to push the limits of technology otherwise unafforded by companies our size,” said Luke Elias, President and CEO, Muskoka Cabinet Company Inc. “I attribute our success to having many key partners internally and externally.”
“Not only will this funding create new jobs, but advancing technology always creates better, higher paying jobs.”
Glengarry-Prescott-Russell MP Drouin said the funds invested in the Alfred company is a boost for the region’s economy.
“Today’s investment is great news for the Alfred and Plantagenet community,” said Frances Drouin. “We proudly support Muskoka Cabinet Company Inc., as it builds on its innovative model, adopts new production capabilities, stays competitive and creates seven jobs.”
FedDev Ontario’s repayable contribution will leverage an additional $1.87 million in private sector investment. The Government of Canada is committed to supporting advanced manufacturers to play a strong role in Canada’s economic recovery said Lalonde.
“Investments like the one we are making in Muskoka Cabinet Company, allowing it to adopt first-in-Canada technology, give business the support they need to scale up and create new, local jobs,” Lalonde explained. “Our Government is also working hard to be there for our rural and Francophone communities like Alfred and Plantagenet as part of an inclusive recovery that leaves no one behind.”
