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Wednesday, July 17, 2024
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HomeNewsCameron Steel Inc. In Lindsay Making Major New Investment

Cameron Steel Inc. In Lindsay Making Major New Investment

KAWARTHA LAKES-Cameron Steel is investing over $3 million to purchase a large capacity CNC floor-type boring mill.

“We are investing over $3 million in advanced manufacturing equipment and supporting infrastructure to enable us to increase productivity, production efficiencies and innovation resulting in growth in employment and total revenues, including sales into new markets,” said James Bogar – Owner of Cameron Steel Inc. “We are pleased to have the province’s support on this project with funding from the EODF program.”

Cameron Steel Inc. began operations in Lindsay, Ontario in 1975. The company now has 75,000 square feet of manufacturing area and up to 30 feet under hook at 50 tons capacity for large to small scale, custom machining and metal fabrication.

Cameron Steel - sandblasted and painted components

The Ontario government is topping up the company’s investment with $436,853 in funding through the Regional Development Program’s Eastern Ontario Development Fund.

Laurie Scott, Member of Provincial Parliament for Haliburton-Kawartha Lakes-Brock, stopped by Cameron Steel Inc. to tour the facility and share the good news of this investment.

“Our government is building Ontario and strengthening the economy by supporting key investments in small communities like Lindsay,” said MPP Laurie Scott Haliburton-Kawartha Lakes-Brock. “This investment by Cameron Steel Inc. will grow local manufacturing and create better-paying jobs for workers and families in Lindsay and the surrounding area.”

Cameron Steel Inc. is continuing to build on its success story as a second-generation family-owned business. By working alongside local high schools, offering apprenticeships, and co-op opportunities, Cameron Steel Inc. is helping to train, educate, and show young people the benefits of the skilled trades.

The total investment is $3,559,200.

 

 

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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.

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