13.7 C
Kawartha Lakes
Saturday, July 20, 2024
No menu items!
HomeNewsOmemee Company Gets $1.1 million To Support "Smart Factory" Artificial Intelligence Manufacturing...

Omemee Company Gets $1.1 million To Support “Smart Factory” Artificial Intelligence Manufacturing Process

KAWARTHA LAKES-The federal government has announced a $1.3 million dollar repayable loan to an Omemee company.

Today Maryam Monsef, Member of Parliament for Peterborough–Kawartha and Minister for Women and Gender Equality and Rural Economic Development, announced a repayable contribution of $1.13 million to support the scale-up of Bélair Mechatronics (operating as Kawartha Controls). The announcement was made on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for the Federal Economic Development Agency for Southern Ontario.

“Today’s investment is great news for the Omemee community. Our Government is proud to support Kawartha Controls as it adopts new equipment, ramps up productivity and creates new jobs. By making investments that will help businesses in southern Ontario to scale up and access the capital needed for success, we are building for a resilient economic future.” said The Honourable Maryam Monsef, Member of Parliament for Peterborough–Kawartha and Minister for Women and Gender Equality and Rural Economic Development

Kawartha Controls designs and manufactures hydraulic manifolds used in areas such as construction, farm equipment and power generation. With this funding, the company will set up a new machining cell and refine its innovative “smart factory,” which is driven by artificial intelligence processes. This will increase production capacity by 300 percent to meet growing market demands and create six jobs in rural Omemee.

“As we have been growing, we have been successful in creating high-value jobs for our local community. We have heavily invested in developing our “smart factory” and the demand for our product is 300 percent greater than we can currently produce. With support from FedDev Ontario, scaling our “smart-factory” will allow us to fill that demand and continue to create additional high-value advanced manufacturing jobs.” stated Robert F. Bélair, Founder, Chief Technology and Executive Officer, Kawartha Controls

Kawartha Controls operates with a focus on environmental sustainability. It’s “smart factory” processes significantly reduce the amount of greenhouse gas emissions created by their operations, compared to industry standards.

Officials say ontario’s manufacturers have shown their resilience as they continue to find ways to grow and create good jobs, even in these challenging times.

 “Since the onset of the global health crisis, our government has been here for the workers and businesses across Canada with support and relief measures. Today’s announcement represents the kind of investment that will strengthen our manufacturers now by giving them the support they need to grow and stay resilient for the future—all while creating good, local jobs.” explained The Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for the Federal Economic Development Agency for Southern Ontario

 

Don't forget to sign up for our morning newsletter.

Catch up on all the local news while enjoying your coffee.

Pamela Vanmeer
Pamela Vanmeerhttps://www.kawartha411.ca/
Pamela VanMeer is a two time winner of the prestigious Radio Television Digital News Association (RTDNA) Award. Her investigative reports on abuse in Long Term Care Homes garnered international attention for the issue and won the Ron Laidlaw Award. She is a former reporter and anchor at CHEX News, now Global Peterborough and helped launch the New CHEX Daily, a daily half hour talk show. While at CHCH News in Hamilton she covered some of the biggest news stories of the day.

Most Popular

Kawartha 411