Connor Industries is receiving $1.1 million in funding from the Ontario government.
The funding, part of a $11 million investment into Ontario Shipyards, will be used for skills training, infrastructure improvements, and new machinery and equipment, helping to position Ontario as a global leader in marine trade.
“In a small town like Parry Sound, support of this size makes a real and immediate difference,” said Gerry Ramsay, Executive Vice President of Connor Industries. “It helps create good local jobs, strengthens our business and allows us to invest in equipment that supports long-term growth. Most importantly, it keeps opportunity here in our community and contributes directly to the local economy.”
According to provincial officials, the investment made through the Ontario Shipbuilding Grant Program, will help meet the growing demand for Ontario-made vessels, help Ontario shipbuilders support Canada’s National Shipbuilding Strategy, and boost the economic competitiveness of Ontario’s shipbuilding and its supply chain while creating thousands of good-paying jobs across the marine sector.
Along with the local investment, over $8 million is being provided to Allied Marine and Industrial in Port Colborne and more than $6 million to MetalCraft Marine Inc. in Kingston.
“The marine sector is a vital driver of Ontario’s economy, contributing hundreds of millions of dollars to the province’s GDP each year,” said Prabmeet Sarkaria, Minister of Transportation. “Our government is making historic investment in Ontario’s shipbuilding industry to ensure the sector’s long-term prosperity and generate good-paying jobs that drive economic growth for years to come.”
