Federal government announces over $11M for three aerospace businesses

BURLINGTON — On Mar. 14, Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), along with Pam Damoff, Parliamentary Secretary to the Minister of Public Safety and Member of Parliament for Oakville North–Burlington; and James Maloney, Member of Parliament for Etobicoke–Lakeshore, announced a total investment of over $11 million, through the Aerospace Regional Recovery Initiative (ARRI), for three businesses and one organization in southern Ontario’s aerospace sector. The recipients of this funding are: RAMPF Composite Solutions Inc. (RAMPF), Nanowave Technologies Inc., NWI Precision Tube ULC and Women in Aerospace – Canada (WIA – Canada). These projects will increase manufacturing capacity and productivity, green operations, provide professional skills development and support over 180 jobs across southern Ontario’s aerospace sector.

This investment includes a contribution of nearly $2.3 million for RAMPF, a Burlington-based manufacturer for the aerospace, defence, consumer products and medical sectors. With this investment, RAMPF will purchase new equipment to reduce waste and increase processing speed, green its operations by reducing energy consumption, expand into new markets, such as urban air mobility, unmanned aerial vehicles and electric aircraft, increase revenue and create 15 new jobs in Burlington.

In Hamilton, WIA – Canada, a not-for-profit organization dedicated to expanding women’s visibility in the aerospace sector, is receiving a contribution of over $330,000 to develop and deliver the Advancing Women in Aerospace Leadership Program. This program aims to provide professional development, training and mentorship programs at no cost for 150 women currently in the aerospace sector or women looking to transition into the sector to improve their leadership skills with the goal of having more women in leadership roles across the aerospace sector.

“The aerospace sector here in Burlington and across the region is growing. Businesses are improving their productivity so they can become regional and global leaders and supply their products across the world. Our government knows that when we invest in businesses, they can continue to compete globally, create jobs, and contribute to a strong economy right here in Canada,” said Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario.

“Today’s investment for RAMPF Composite Solutions Inc. is great news for Burlington and Canada’s aerospace sector. The project will allow the company to expand into new markets, green its operations and create 15 jobs locally,” said Pam Damoff, Parliamentary Secretary to the Minister of Public Safety and Member of Parliament for Oakville North–Burlington.