NGen Announces Funding for 15 New Advanced Manufacturing Projects
Supporting 31 Businesses Across Canada
WEB HAMILTON Ontario August 13, 2024 GLOBE NEWSWIRE --
NGen has announced funding for 15 new advanced manufacturing projects with a combined value of $59 million. These projects will support 31 businesses across Canada, helping them to adopt and scale innovative technologies and processes.
The projects were selected through a competitive process and represent a wide range of industries, including aerospace, automotive, cleantech, and medical devices. They will receive funding through NGen's Advanced Manufacturing Fund, which was established to support the growth and competitiveness of Canada's manufacturing sector.
"These projects are a testament to the strength and innovation of Canada's manufacturing sector," said Jayson Myers, CEO of NGen. "We are pleased to support these businesses as they adopt new technologies and processes that will help them to grow and compete globally."
The projects will create new jobs, boost productivity, and reduce environmental impact. They will also help to position Canada as a leader in advanced manufacturing.
For more information on NGen and the Advanced Manufacturing Fund, please visit NGen's website.
Komentar