Valbruna ASW Inc. receives $5M FedDev Ontario support for expansion in Welland

Valbruna ASW Inc., Canada's only specialty steel producer, received a FedDev Ontario repayable contribution of up to $5 million to support its expansion in Welland, Ontario. The project will leverage over $24 million in private investment, maintain over 110 jobs and create 15 new ones, and enable the company to produce stainless steel and nickel alloy.

“FedDev Ontario repayable contribution of up to $5 million for Valbruna ASW Inc. in Welland, to support its expansion.”canada.ca

• 1 source
• canada.caFedDev Ontario supports specialty steel manufacturer in Welland - Canada.caFederal Economic Development AgencyMar 1, 2021

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