Ontario rope manufacturer embarks on $5.85M plant expansion
Includes a $837,750 contribution from the Ontario government.
CHUTE-A-BLONDEAU, Ont. — Atlantic Braids Ltd. has started work on a $5.8 million expansion project at its facilities in Chute-à-Blondeau, Ont.
The expansion will create nine new jobs and retain 18 positions with the help of a $837,750 investment from the Ontario government’s Eastern Ontario Development Fund.
The company is a family-owned rope manufacturer for industries including oil and gas, arboriculture, agriculture, utilities, and mining. It produces customized ropes for a range of uses, including bungee cords for theatre sets and ropes used to tow military planes and boats.
The expansion includes the purchase of a new building and production equipment. The company said it will help it to enhance productivity, expand its product range and boost exports.
The project is expected to be completed by August 31, 2020.