CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

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CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

Heddle Shipyards investing $107 million in Port Weller Dry Docks ship repair operation

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The $107 million investment iat the Port Weller Dry Docks will be used to tackle complex Vessel Life Extension (VLE) projects. PHOTO courtesy Heddle Shipyards.

Heddle Shipyards, the largest ship repair and construction company on the Great Lakes., will be making more than $107 million investment to its Port Weller Dry Docks in St. Catharines.

The investment will be used to tackle complex Vessel Life Extension (VLE) projects. VLEs are designed to significantly extend the life of marine vessels. With their $107 million investment, Heddle Shipyards will implement the processes, engineering, training and equipment needed for VLE projects, including on-the-job training for skilled trades and support staff, automated manufacturing technologies and the use of 3D scanning for manufacturing projects.

As part of this investment, the Ontario government is providing Heddle Shipyards with over $3.4 million through the Advanced Manufacturing and Innovation Competitiveness stream of its Regional Development Program.

“We are extremely grateful for the support that Minister Fedeli and the Government of Ontario continue to have for the shipbuilding and ship repair industry in our province,” said Ted Kirkpatrick, Director of Business Development and Government Relations at Heddle Shipyards. “Investments through programs like AMIC will allow Ontario to once again be a frontrunner in the shipbuilding industry in Canada and support hundreds of high-paying skilled trade jobs in our communities over the coming decade.”

Through the Regional Development Program, Ontario is investing $140 million to help companies like Heddle Shipyards grow. To date, Ontario has provided more than $110 million to support more than 100 projects through the program, leveraging over $1.2 billion in new investments and helping create more than 2,300 jobs in the province.

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