A Timmins business is taking the right steps to attract a federal investment, according to Minister of Labour Filomena Tassi.
On a two-day tour of the Timmins area, Tassi stopped by DJB Mining Products and Services to announce a $606,827 repayable contribution from FedNor.
“With this funding the company is purchasing new equipment and making facility improvements to increase its productivity and production capacity. Equipment size and capacity has constrained DJB’s ability to grow and compete for larger contracts. With this investment, Daniel Brunet and his team can respond to increasing demand and set their sights on future growth," said Tassi.
Located in the west end of Timmins, the company offers custom welding and fabrication services, alignment boring, bucket repairs, and more to the mining industry, and is marking its 10th anniversary.
“The funding program has helped us already with our bandsaw, our loader purchase as well as the ironworker. But also it’s going to be helping us towards the ventilation of our facility and as well as bringing in some more power as we have grown the amount of power capacity that’s feeding our shop,” said Daniel Brunet, DJB Mining president.
Since opening, they've grown from five to 30 employees. Brunet said about 15 of those positions have been added in the last couple of years, and they're looking to increase their work force by another five to 10 people.
After the announcement, Tassi noted the company's success over the last decade.
"We want to build on that success, we want to invest in companies like that where there’s going to be greater jobs created, where the potential that’s out there can be turned into jobs and Dan has done a fantastic job in that regard,” he said.
“Investments like this are important because it demonstrates that the government is willing to make these investments to grow companies so people see there are opportunities."
The funding is part of FedNor's Targeted Manufacturing Initiative for Northern Ontario, which helps companies with less than 500 employees modernize their operations.
