05-26-2016, 11:33 AM
(This post was last modified: 05-26-2016, 11:34 AM by panamaniac.)
Yet another expansion in the local manufacturing sector (and yet another company that I hadn't heard of before). Kromet International will spend $5.3 million dollars and create 50 new jobs between now and 2020.
Re Kromet (from the article): Founded in 1967 as a manufacturer of appliance handles, the company produces finished metal components and assemblies for use in everything from appliances and furniture to the automotive, urban transit and LED lighting sectors.
Its products include such things as handles and trim, step rails, luggage and roof racks, and heat sinks for lighting. Its customers include Steelcase, Whirlpool, GE, Sharp, Jeep and Bombardier
http://www.therecord.com/news-story/6690...e-50-jobs/
The province is pitching in with $800,000 to support this expansion - I can't recall the last time I saw a local expansion story that didn't include a public money component. I guess it is now required.
Re Kromet (from the article): Founded in 1967 as a manufacturer of appliance handles, the company produces finished metal components and assemblies for use in everything from appliances and furniture to the automotive, urban transit and LED lighting sectors.
Its products include such things as handles and trim, step rails, luggage and roof racks, and heat sinks for lighting. Its customers include Steelcase, Whirlpool, GE, Sharp, Jeep and Bombardier
http://www.therecord.com/news-story/6690...e-50-jobs/
The province is pitching in with $800,000 to support this expansion - I can't recall the last time I saw a local expansion story that didn't include a public money component. I guess it is now required.