Cameron Steel markets itself as a one-stop service provides with services that include machining, metal fabrication, welding, assembly and testing, painting, sandblasting and rubber lining. PHOTO courtesy Cameron Steel.
The Ontario government is providing Lindsay-based Cameron Steel Inc. with $436,853 in funding towards the company’s expansion plans.
Cameron Steel, founded in 1975, is investing more than $3 million to expand its operations. It is looking to purchase a large capacity CNC floor-type boring mill. The provincial government funding is through the Regional Development Program’s Eastern Ontario Development Fund (EODF).
“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,” explained owner James Bogar. “We are pleased to have the province’s support on this project with funding from the EODF program.”
Cameron Steel markets itself as a one-stop service provides with services that include machining, metal fabrication, welding, assembly and testing, painting, sandblasting and rubber lining. It can machine large components up to 30 tons on its 4 axis floor bore machine.
The Regional Development Program provides cost-shared funding to businesses, municipalities and economic development organizations to help local communities attract investment, diversify their economies and create jobs.
Since 2019, the provincial government has provided more than $68 million in support to 62 companies and organizations through the Regional Development Program. This funding has supported $736 million in investments to create more than 1,300 jobs in the province. The government recently launched the Advanced Manufacturing and Innovation Competitiveness stream to support advanced manufacturers’ investments in equipment, advanced technologies and skilled workforce needed to improve competitiveness and growth and to create, retain and bring jobs back to every region of the province.
