Manufacturing Contribution Recipients Announced
The Government of the Northwest Territories (GNWT) is pleased to announce the recipients of the Northwest Territories’ (NWT) Manufacturing Innovation and Technology Contribution.
As a dedicated action in the Northwest Territories Manufacturing Strategy (2019-2024), the Contribution is intended to support and encourage innovation in the NWT manufacturing sector by supporting research into existing and emerging technologies.
This year, 19 proposals were received from across the territory. Proposals were evaluated based on an investment in technology designed to reduce costs and improve productivity, while increasing local employment. After careful consideration, two proposals were chosen to receive the funding. Each business will receive $100,000 to support their investment.
In Hay River, Sunrise Cabinets & Millwork will procure a 3-phase converter to replace self-generated diesel power. This will provide surge-free, stable, clean, and dependable electrical technology to power existing and future manufacturing equipment vital to the shop operations. The benefits emerging from this transition will create the potential of another innovative production line, currently not possible with self-generated electricity. This in turn will increase the need for new fulltime employees.
In Yellowknife, Paul Bros. Nextreme will purchase a powder coating system, including the equipment, booth, and oven, a critical part to advance the company’s plans. This system results in a cleaner product, significantly faster curing times, and it eliminates rework. With the purchase of this innovative painting system, the company aims to increase employment within the first six months.
Quote
“The NWT is home to idea-generators and innovators across all communities and industries. The more we can inspire, support and help encourage these entrepreneurs and businesses towards innovation, and project growth, the more our economy will continue to diversify and opportunities for partnerships, additional investments and inspiration for the next wave of entrepreneurs will grow.”
– Caroline Wawzonek, Minister of Industry, Tourism and Investment
Quick facts
- In 2020, Poison Graphics in Hay River received the contribution to support the purchase of an HP R200 Latex Printer allowing the company to expand their product lines to add affordable custom printed packaging and displays. The new technology is also reducing waste and production costs while contributing to improved delivery times.
- The successful applicants were required to have an equity contribution of at least 20 per cent of their proposal.
- This is the second year of a two-year pilot as detailed in the Manufacturing Strategy.
Related links
- Manufacturing Innovation and Technology Contribution
- Northwest Territories Manufacturing Strategy 2019-2024
- GNWT Investment to Expand Economic Impact of Manufacturing in Hay River
Media Requests, please contact:
Jacqueline McKinnon
Assistant Director, Strategic Communications
Department of Industry, Tourism and Investment
Government of the Northwest Territories
(867) 767-9202 ext. 63039
The original press release can be found on the Government of the NWT website
