Sault Ste. Marie asphalt producer receives $1M in provincial funding
A Sault Ste. Marie asphalt producer will receive $1 million in funding from the provincial government to expand its operations.
The province announced the funding—delivered through its Northern Ontario Heritage Fund Corporation (NOHFC)—to Avery Construction on February 25.
“By helping local businesses to innovate and expand their operations, we are strengthening our local economy and providing new products and services to people throughout Northern Ontario,” said Sault Ste. Marie MPP Ross Romano. “We are also creating great employment opportunities through this $1 million investment that will create four full-time jobs and an additional twelve seasonal full-time jobs.”
Avery Construction will use the funding to purchase a portable asphalt plant. The new equipment will allow the company to provide a more environmentally sound asphalt for use on local road projects, as well as for paving parking lots, pathways and driveways.
"We are grateful for NOHFC's partnership in seeing this expansion through,” said Amanda Williams, Avery Construction. “Welcoming asphalting as another facet of our company was a critical next step for us and has allowed our construction division to become a start-to-finish heavy civil solution. We are pleased that the resulting job creation exceeded our expectations following this investment and we look forward to maximizing the environmentally sustainable capabilities this asphalt plant has to offer."
The NOHFC promotes economic prosperity across Northern Ontario by providing financial assistance to projects—big and small, rural and urban—that stimulate growth, job creation and skills development.
Since June 2018, the NOHFC has invested more than $432 million in 4,025 projects in Northern Ontario, leveraging more than $1.4 billion in investment and creating or sustaining over 6,200 jobs.