FedNor invests over $2.2 million to help businesses in North Bay and area respond, adapt, and compete amid shifting market conditions

From: Federal Economic Development Agency for Northern Ontario - FedNor

Backgrounder

Today, Pauline Rochefort, Parliamentary Secretary to the Secretary of State (Rural Development), and Member of Parliament for Nipissing-Timiskaming, announced a Government of Canada investment of $2,229,327 to help five North Bay and area businesses respond to global trade pressures and build for the future. The announcement was be made on behalf of the Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for FedNor.

Projects funded by FedNor through the Regional Tariff Response Initiative

Premier Mining Products Inc.
$1,000,000

To help mitigate the impact of tariffs, FedNor is investing $1 million to help Premier Mining Products (PMP) strengthen its manufacturing resilience, increase production and competitiveness, while strengthen Canada’s mining materials supply chain. Specifically, the non-repayable funding will be used to purchase and install a variety of specialized equipment including a fully automated laser cell, 4 axis CNC mill, large diameter lathe, induction heat treat equipment, and more. Once complete, this expansion will allow PMP to eliminate bottlenecks, boost productivity by up to 50 percent, retain key customers, diversify its product offerings and pursue emerging and previously inaccessible markets.

Pilot Diamond Ltd
$969,500 

A non-repayable FedNor investment of $969,500 will allow Pilot Diamond to modernize its operations and implement advanced technologies to counter rising costs driven by global tariffs and trade instability. Specifically, this funding will be used to upgrade their manufacturing facilities, purchase and install new equipment, integrate new technologies, and more. Once fully implemented, this project will result in streamlined production, increased capacity, improved product quality, reduced reliance on imported components and stronger, more reliable domestic supply chains.

Miller Technology Inc.
$134,827

A FedNor investment of $134,827 will help Miller Technology adopt an advanced manufacturing Enterprise Resource Planning system to boost productivity and achieve operational efficiencies. This cloud-based system will support data-driven decision-making, optimize manufacturing processes, reduce lead times, streamline procurement and enhance productivity. This non-repayable funding is helping to mitigate the impact of tariffs by allowing Miller Technology to modernizing its operations, maximizing efficiencies and becoming more competitive.

Mincon Canada
$70,000

Mincon Canada is receiving a non-repayable FedNor investment of $70,000 to purchase and install an induction heating system. The new induction heating unit will significantly improve safety, energy efficiency, product consistency and allow the company to remain successful despite the impact of tariffs.

Old Forge Manufacturing Ltd
$55,000

A FedNor investment of $55,000 will allow Old Forge Manufacturing to acquire Computer Numerical Control (CNC) equipment to improve efficiency, boost production and increase competitiveness. Once fully operational, the CNC machine will allow the company to access new markets and increase sales by producing high-volume and complex parts with precision and efficiency—capabilities that are not achievable with conventional machinery.

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2026-05-15