Ontario foam extruder gets funding from provincial government - Canadian PlasticsCanadian Plastics

2022-10-08 06:10:24 By : Ms. Christina Li

Canadian Plastics  October 7, 2022  

Eco Carbon Foam is receiving $195,000 through the Northern Ontario Heritage Fund Corporation to create an extruded polystyrene manufacturing plant start-up.

An extruded polystyrene insulation foam maker is one of several North Bay, Ont.-area manufacturers to receive new funding from the Ontario government.

Eco Carbon Foam Inc. is receiving $195,000 through the Northern Ontario Heritage Fund Corporation (NOHFC) in order to create an extruded polystyrene (XPS) manufacturing plant start-up. Eco Carbon Foam, which is headquartered in North Bay, produces home and commercial grade insulation XPS foam made from recycled type 6 plastic. The foam is primarily used below grade, around walls, under the building slab, and as a frost barrier.

In total, the provincial government is providing $2,135,745 through NOHFC to support the manufacturing sector in Northwestern Ontario. Other projects that are receiving NOHFC funding are:

“Supporting the manufacturing industry in the Thunder Bay area not only helps create good-paying jobs, but also helps keep the North competitive,” Greg Rickford, Minister of Northern Development, said in an Oct. 5 statement. “These businesses play a critical role in the northern economy, supporting the community and contributing to the province’s prosperity as a whole.”

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