Min-Tech in Campbellford Receives FedDev Ontario Support for Rural Innovation

The Northumberland CFDC is providing an investment of $65,000 for Min-Tech

This funding will support product commercialization and business expansion, resulting in the creation of up to 50 new full-time jobs.

Campbellford – Min-Tech will benefit from an investment announced today by Northumberland Community Futures Development Corporation (CFDC) and MP Kim Rudd.

The Northumberland CFDC is providing an investment of $65,000 for Min-Tech through the Rural Innovation Initiative Eastern Ontario (RIIEO), a project funded by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).

“Northumberland CFDC is thrilled to support this innovative product expansion and to see Min-Tech capitalize on a business opportunity to bring a new state-of-the-art product portfolio to market,” said Northumberland CFDC Executive Director Wendy Curtis.

“This will not only provide recycled material with a new product lifecycle, but also create significant new jobs within Northumberland County.”

This funding will support product commercialization and business expansion, resulting in the creation of up to 50 new full-time jobs in Northumberland County.

With a global commitment to environmental sustainability, Min-Tech turns post-industrial plastic waste into new products.

This investment will go towards the purchase of state-of-the-art production technology to develop a new plywood alternative made from recycled plastic.

This new waterproof product will provide the construction industry with more durable, long-lasting building materials.

“As a leader in post-production plastic reselling, Min-Tech will use these funds to explore new state-of-the-art technologies to enhance market share through innovation,” said MP Kim Rudd.

“Min-Tech continues to be a leader in the ‘Rural Renaissance’ that I so often speak of. I want to congratulate the company on the exciting path they are forging for themselves.”

Recognizing the vital role rural communities play in the region’s economy, FedDev Ontario is providing a total of $15 million over two years for the CFDCs in Eastern Ontario to deliver the RIIEO.

Media Release MP Kim Rudd’s Office