Government of Canada supports Clean Tech manufacturers
News release
Two southern Ontario clean tech companies to increase production of sustainable manufacturing innovations with Government of Canada support
August 13, 2024 – Mississauga, Ontrario
Southern Ontario is home to many leading clean tech manufacturers on the cutting edge of innovation. The Government of Canada remains committed to supporting Canadian businesses and organizations as they meet the demands for new sustainable practices and products to support a zero-emissions future.
Today, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced funding for Next Hydrogen Corporation, a Mississauga-based clean tech company that supports sustainable practices by manufacturing innovative electrolyzers that use water and electricity to produce clean hydrogen for use as a renewable energy source.
Next Hydrogen Corporation is taking on new manufacturing processes to increase production of its innovative, next-generation, cost-effective electrolyzer modules for large-scale, green hydrogen producers. With a $2-million repayable investment, the company will be able to strengthen its clean energy production, reduce greenhouse gas emissions and address increased demand from clients, including those in the transportation and industrial sectors.
In addition, Pulp Moulded Products Inc., a Newmarket-based clean tech manufacturer specializing in recyclable and compostable molded fibre packaging for the food and beverage, automotive and electronics markets, will scale its operations through the addition of new pressing and manufacturing lines. Through a $1.3-million repayable investment, the company will be able to support the increased demand from clients looking to reduce single-use plastic packaging in favour of more sustainable, eco-friendly alternatives.
The Government of Canada is investing in small businesses and organizations that are creating sustainable jobs and clean economic growth in southern Ontario.
Quotes
“Clean technology companies, like Next Hydrogen and Pulp Moulded Products, are crucial in enabling Canada to meet its carbon reduction objectives. Investments in clean technology bolster Canada's position as a global leader in green manufacturing and support a cleaner future for all while creating sustainable jobs.”
– The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
“With this support for Next Hydrogen Corporation and Pulp Moulded Products, the Government of Canada is investing in new southern Ontario-made innovations to help Canada transition to a cleaner economy. Today’s announcement demonstrates the strength of our local clean tech and manufacturing companies.”
– Iqwinder Gaheer, Member of Parliament for Mississauga–Malton
“Our government is pleased to support the growth of clean energy and innovative technology so we can work together to create good jobs and opportunities for communities across southern Ontario and build a greener and more sustainable future for Canadians.”
– Tony Van Bynen, Member of Parliament for Newmarket–Aurora
“We are delighted with FedDev Ontario’s support for our acceleration in manufacturing readiness and business development efforts. This funding will assist us in achieving important milestones, including ISO 9001 certification, as well as process, quality, and supply chain development activities to position us as a leader in the water electrolysis industry.”
– Raveel Afzaal, President and CEO, Next Hydrogen Corporation
“We are very excited to be upgrading our capacity both in quantity and quality. FedDev Ontario’s investment in new equipment will help us to better serve the demand for high-quality consumer-facing molded fibre packaging. More and more brand owners are responding to consumer antipathy to single-use plastics and we aim to help them in their sustainable journey.”
– Jason Kinder, President, Pulp Molded Products Inc.
Quick facts
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Founded in 2007, Mississauga-based Next Hydrogen Corporation is a designer and manufacturer of innovative water electrolyzers, a unique and patented cell that directly connects with renewable energy resources to produce large-scale and cost-effective green hydrogen.
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The company’s customer and partner base includes Atomic Energy of Canada Limited, Canadian Tire, Hyundai, Kia, GE Vernova and more.
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Established in 2008, Newmarket-based Pulp Moulded Products Inc. (PMP) is a clean tech manufacturer specializing in pulp moulded fibre packaging products using post-industrial waste and converting these materials into recyclable and 100 percent compostable products for produce, food packaging, automotive and consumer electronics markets.
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Since 2015, the Government of Canada, through FedDev Ontario, has invested over $700 million in more than 300 projects to support clean growth initiatives in southern Ontario.
Associated links
Contacts
Edward Hutchinson
Press Secretary
Office of the Minister responsible for the Federal Economic Development Agency for Southern Ontario
Edward.hutchinson@feddevontario.gc.ca
FedDev Ontario
Media Relations
media@feddevontario.gc.ca
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