L'Orignal steel and rod mill getting $7M loan from province

The province is giving the steel and rod mill in L'Orignal a boost.

The Ontario government is loaning Ivaco Rolling Mills $7-million to invest in new technology and to renovate the facility.

The complete project costs $80-million and will see the mill modernized so the company can increase capacity and produce higher-quality products.

The money will also see 41 new jobs created; the factory already employs 417 people.

Leave a comment:

· Subscribe to comments
Be the first to comment here!