FBT receives Canadian government funding to boost production with automation
September 5, 2023 By Manufacturing AUTOMATION
FBT Inc. a family-owned advanced manufacturer of precision machine components and parts used in critical sectors such as automotive, defence, EV, semi-conductor, power generation and more, is receiving an investment support of nearly $4 million from the Canadian government.
As the demand for domestic production of EV, energy, and semiconductor related-parts has risen in Canada, FBT is upgrading its facility to meet demand from both new and existing clients. This includes 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 EV manufacturers.
The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced the investment. Minister Tassi was joined by Chris Bittle, Parliamentary Secretary to the Minister of Canadian Heritage and Member of Parliament for St. Catharines and Vance Badawey, Parliamentary Secretary to the Minister of Indigenous Services and Member of Parliament for Niagara Centre.