Southern Ontario has emerged as a prominent hub supporting automotive manufacturing and innovation, specifically in the electric vehicle (EV) sector, thanks to its skilled workers and vast expertise. As the demand for domestic production of EV, energy, and semiconductor related-parts has risen in Canada, St. Catharines company FBT Inc. is upgrading its facility to meet demand from both new and existing clients. Nearly $4 million in funding from the Government of Canada will help FBT Inc., located on Lakeshore Road, increase productivity while creating good jobs in St. Catharines.
The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced the investment for FBT Inc., a family-owned advanced manufacturer of precision machine components and parts used in critical sectors such as automotive, defense, EV, semi-conductor, power generation and more, on Wednesday, August 30. The upgrades include adopting new robotic and automated solutions that will create the first-of-its-kind processes to increase its machine components and parts production by 75 percent. Through this investment, FBT will be able to fulfill its growing orders, create 40 skilled jobs and support domestic manufacturing capacity for southern Ontario’s leading EV manufacturers.
Established in 1945, FBT Inc. is an advanced manufacturing company specialized in the design and manufacturing of precision tooling components for both small-to-medium sized clients and Fortune 500 companies across North America.
The Government of Canada is committed to supporting manufacturers as they adopt new processes and technologies to strengthen local supply chains and create good jobs for Canadians. Thank you Minister Tassi, and the Government of Canada, for your support of St. Catharines.