2. The Sudbury North Advanced Technology Center is adding an automatic injection molding machine to its technical toy inventory.
This $100,000 machine came from the FedNor Research and Innovation Center and provided $305,000 to regional manufacturers.
The funds are dedicated to NORCAT's Innovation Acceleration Program, designed to help high-tech companies increase productivity and competitiveness through innovative technologies, processes or practices. Qualified companies can receive up to $10,000 in non-repayable funds for service or innovation-related products. Direct costs of development, such as software and application development, product testing and certification.
Injection molding machines can process a variety of materials, such as thermoplastics, thermosets, elastomers, liquid silicone rubber, and rigid PVC. It should allow local companies to avoid looking outside of Sudbury for mold making and parts production. The machine is also Local engineers provide an opportunity to understand mold making and injection molding.
As the largest innovation hub in Northern Ontario, we are pleased to be able to expand our innovation acceleration program and are excited to set up an automatic injection molding machine in the Fortin Discovery Laboratory to support the commercialization of new components used in industrial, medical and consumer products. "Don Duval, CEO of NORCAT, said in a press release on March 23.
'This strategic investment will provide a significant boost to local businesses by helping them embrace innovation and producing customized products and materials in the region,' added Nickel Belt MP MarcSerré: 'The announcement today provides innovation and productivity improvements by providing local businesses. The resources and cutting-edge equipment needed to support our government's innovation and skill planning. '