Ontario backs Tempel Canada's C$5M grant for new facility

What's the deal? The TempelDealroom has a profile for this one. Try Dealroom → Canada subsidiary of Worthington IndustriesDealroom has a profile for this one. Try Dealroom → is receiving C$5 million from the Government of OntarioDealroom has a profile for this one. Try Dealroom → to support a C$132 million investment in a new 250,000-square-foot manufacturing facility in Burlington. The plant will produce transformer cores and precision electrical steel laminations for power conversion and distribution.

What it means. The grant comes through Ontario's Advanced Manufacturing and Innovation Competitiveness stream and is intended to sustain existing jobs while creating new positions as demand for electrical infrastructure grows across North America.

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