Recently, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, announced a FedDev Ontario contribution of nearly USD 1.5M to support the growth and market competitiveness of Wellington Perforated Sheet & Plate Inc. (WPSP), a Canadian manufacturer and distributor of perforated metal sheets and plates used in noise reduction, construction and filtration.
With FedDev Ontario support, WPSP will install new equipment will cut production lead-time in half. The addition of a new degreasing line will also allow the company to reduce its environmental impact and a new laser cutter will increase capabilities and allow the company to reach new markets.
As a result of this project, the company will be able to scale up its in-house production capabilities and diversify its product offerings to expand to new
markets and better meet growing demand, specifically in the agriculture, architecture and mining sectors. Additionally, this project will support the
creation of up to five full-time skilled manufacturing jobs in Fergus and will lead to increased supply chain spending across Ontario.