# 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.

- Type: Expansion
- Announced: 2021-03-01
- Where: Welland, Ontario, Canada, Canada
- Value: $4.00M (5.00M CAD)
- Jobs: 15
- Status: announced
- Products: stainless steel, nickel alloy
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Valbruna ASW](https://endata.com/companies/52330.md)

## Sources

- [canada.ca](https://www.canada.ca/en/economic-development-southern-ontario/news/2021/03/feddev-ontario-supports-specialty-steel-manufacturer-in-welland.html), 2021-03-01: "FedDev Ontario repayable contribution of up to $5 million for Valbruna ASW Inc. in Welland, to support its expansion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.