Content page

From [Institution name]

Standing Committee on International Trade (CIIT) on February 6, 2024 – Canadian businesses in supply chains and global markets

• Examples of ACOA projects/investments that have helped inshore production of products here in Canada or helped with supply chain resiliency in other ways.

  Name	Project Description	Prov.	Total Cost	ACOA Funding	Approval Status
  I.M.P. Group Limited	The project is focused on improving productivity at the company's Hammonds Plains facility and to invest in automated manufacturing equipment to improve productivity, increase production capacity and improve efficiency. The company has identified this project as a requirement to modernize the facility and increase competitiveness, in particular internationally.	NS	$3,366,846	$1,382,230	Approved
  STELIA Aerospace North America Inc.	The goal of the current project is to support the company with plant re-organization and infrastructure updates. Specifically, this project will assist them with infrastructure and capability enhancement and requalification for certification and Product Life Management (PLM) system.	NS	$1,158,730	$868,794	Approved
  Maritime Truss Limited	The project is to purchase advanced manufacturing equipment related to a new automated sawing centre, conduct renovations, and redesign plant flow to achieve greater efficiency and a higher rate of production. It will help address the current housing crises by assisting a significant Nova Scotian rural employer to quickly manufacture and market a product that is critical to the construction industry supply chain.	NS	$1,593,889	$796,944	Approved
  Graphite Innovation and Technologies Inc.	The company will move to a new state of the art facility, located in Dartmouth, N.S, which will increase the space for the company to continue its focus on the commercialization of its graphene technology, a high-strength material that has broad applications and is in demand globally.	NS	$5,000,000	$1,900,000	Approved
  Shoreline Aggregates Inc.	The project is to acquire more advanced equipment to increase efficiencies at its aggregate production and export facilities near Baie Verte, Newfoundland and Labrador. The project will add additional crushing, screening, and washing capability; enhance stockpile storage capacity through additional laydown area; and acquire an advanced and more efficient ship loading and conveyor system on-site.	NL	$10,750,000	$3,000,000	Approved
  Virtual Marine Technology Inc.	The project is to support company growth necessary to address a surge in demand for its suite of innovative virtual training simulators and services. It will undertake operational improvements to add capacity to meet existing market demand and carry out business development activities aimed at further accelerating revenue growth.	NL	$1,533,333	$1,000,000	Approved
  SubC Control Limited	The project is to support commercialization activities related to the launch of its new innovative towed camera system.	NL	$710,000	$367,500	Approved
  RWL Holdings Ltd.	The project is to upgrade equipment to meet increased washing demands caused by the potato wart issue on Prince Edward Island. Successful completion of this project will allow the company to increase its capacity and find a market for an excess amount of potatoes due to the US border closure.	PEI	$1,200,000	$600,000	Disbursed
  Island Structural Systems Inc.	The project is the purchase of a building and purchase automated equipment to establish a truss fabrication facility to address a significant bottleneck in residential and commercial construction in Prince Edward Island.	PEI	$8,000,000	$2,000,000	In disbursement
  Somru BioScience Inc.	The project will allow the company to focus on getting its COVID diagnostic test kits finalized by early 2021 and prepare to ramp up export of these kits to support the clinical trial work being done by its customers. Somru's research solution not only has strong potential for patient screening for COVID-19, but it could be used for future pandemics by changing the antibodies included in the kits.	PEI	$93,748	$93,748	Disbursed
  Apex Industries Ltd.	The project is to purchase of Variaxis i-300 AWC 5-Axis Vertical Machining Center, a vertical storage solution and other specialized equipment required to manufacture aerospace components.  This will be addressing internal production efficiencies while enabling the company to facilitate continued growth.	NB	$1,681,580	$1,261,185	In disbursement
  LuminUltra Technologies Ltd.	This project has come as a direct result of the COVID-19 global pandemic and LuminUltra's quick response to the Call to Action from the Government of Canada. The focus of the project is to set up a production line for test kits for COVID-19 and is time sensitive.  The project will leverage LuminUltra’s current product and service delivery expertise to produce COVID-19 test kits.	NB	$3,770,000	$1,939,000	Disbursed