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2014-04-11 at 16:23

Four local companies receive $1.1M in Heritage Fund grants

By Jodi Lundmark, tbnewswatch.com
Rock Win a Weekend Escape at Dog Lake with your 94 Days of Summer, Rock 94Click Here

When the forestry sector collapsed, Peter Higgelke was worried about the future of his company KBM Forestry Consultants.

After starting a forestry-focused program in 2004, the Thunder Bay-based company was forced to develop a new vision to expand their services Canada-wide.

That involved the redesign of one of their aircraft into an aerial photography plane and they were able to do so with a $529,000 grant from the Northern Ontario Heritage Fund Corporation.

"That was a very involved engineering project both from the aircraft design perspective as well as mounting and having the electronics to service all the hardware and software that was going into the plane," said Higgelke.

KBM was one of four local companies that received NOHFC grants Friday afternoon at the Airlane Hotel.

Minister of Northern Development and Mines Michael Gravelle announced a total of $1.1 million that would help create 19 jobs in the city.

Two new jobs were created at KBM through the grant; Higgelke said they now have four pilots and five full-time employees processing data from the aerial photography equipment at the shop in Thunder Bay.

The financial assistance from the government was critical at a time when the company was rebounding, he added.

The other companies that received grants were:

  • Sencia Canada Ltd, $500,000 for software that will allow clients to access training reports on mobile devices; six jobs created
  • XLV Diagnostics, $100,000 for a prototype of a low-cost digital mammography unit, eight jobs created
  • Olivier Strategies, $25,000 to launch a marketing and public relations business, three jobs created

"This is probably about the best example of the diversity of the private sector in Thunder Bay," Gravelle said.

The minister added the NOFHC has contributed $145 million to various projects over the last 10 years, creating or retaining employment for more than 22,000 people.

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Tbnewswatch.com(8)

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Comments

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lori says:
I am a bit concerned 18 hours this article has been on the site and not one negative comment. Please do not let me done. Get back to work people.
4/12/2014 10:06:17 AM
TBDR says:
only because the event centre wasn't mentioned...
4/12/2014 12:13:29 PM
S Duncan says:
more welfare handouts. its the nectar of the liberal!

why do liberals measure success in how many dollars they hand out?
4/12/2014 11:31:42 PM
SomeGuy says:
So when FEDNOR hands out grants what do you call them an investment cause it's controlled by a Conservative government?

I just wonder if you've ever had anything positive to say about anything. These are three local businesses that employ a lot of people. These grants will pay off dividends in the future creating more jobs.
4/13/2014 1:57:06 PM
S Duncan says:
When Conservatives do it, its even worse in my book!

Im a real Conservative, not a party hack, although it may seem that way to people like you who are so far to the left wing.

As far as Im concerned the Federal Conservative Party (CPofC) has way too many red tories for my liking.

The Ontario PC's as well, too red for my likes.

and government cant create a job, they can only expand government, and when that happens we all lose.
4/14/2014 8:32:24 AM
Shane Caker says:
Last round of liberal handouts, they gave a local company, who competes with the company that I work for, half a million dollars to buy an expensive, and important piece of equipment so that they can compete with us and a few other local companies? The company that I work for, and a few other local companies, already own that equipment. And they bought it themselves, not with Liberal handouts. If you think this is awesome news lori, go ask the guys that got laid off from where I work because of this. I'm sure that if I start up a widget factory, your precious Liberals will give me millions, no questions asked.
4/14/2014 7:47:05 PM
unknowncronik says:
hmmm, think of the artwork the marina lost because others want jobs & stuff...SAD!

4/13/2014 5:23:50 AM
lori says:
s Duncan, I am just not sure how you can say some of these things. The province is going to hire nurses and doctors across Ontario to improve health care. Those are jobs when it happens in T.Bay. When they say the GTA is too congested and we need to improve mass transit and they buy cars built in T.Bay, those are jobs. When they fix infrastructure, energy sector, highways, those are real jobs. When they bring new health treatments, an additional MRI, a new PET Scanner, those operators have permanent jobs. Tax payer jobs for sure, but some things the private sector does not do. If you wish to debate the merits of supporting private sector companies, let's do that. We may even have some common ground. But when you tell me that making health care better after 15 years of cuts is not creating jobs, I have to disagree.

Not everything a gov't does is bad.

And privatization has led to many problems. The dirty planet is just one of them.
4/14/2014 6:01:55 PM
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