Manufacturers benefit from $2.1M in NOHFC funding

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Manufacturers benefit from $2.1M in NOHFC funding
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THUNDER BAY – Thunder Bay Hydraulics has been in business for more than 50 years, but co-owner Jamie Crozier said a little government help never hurts.

Crozier, whose company employs 37 people locally, said the money is imperative to not only his business, but like-minded facilities throughout the region. The company was one of 10 to receive money in the recent round of funding, ranging from $7,967 for North West Industries Inc. to upgrade and purchase new equipment, to $970,000 awarded to Itec 2000 Equipment Inc. for a new hydraulic shop.

“It just increases the capacity of our businesses to reach out and grow their businesses,” said Holland of Wednesday’s $2.1-million announcement.

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