# Wabi Iron and Steel Corp. to modernize and expand manufacturing facilities

Wabi Iron and Steel Corp. will use a CAD 410,250 FedNor loan to modernize and expand its manufacturing facilities in Temiskaming Shores, Ontario, creating eight new jobs immediately and up to 20 in future expansions.

- Type: Expansion
- Announced: 2021-03-03
- Where: Temiskaming Shores, Ontario, Canada
- Value: $325K (410K CAD)
- Jobs: 8
- Status: announced
- Products: underground mining equipment, steel castings, mine skips and cages
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Wabi Iron and Steel Corp.](https://endata.com/companies/53631.md)

## Sources

- [baytoday.ca](https://www.baytoday.ca/local-news/new-liskeard-company-upgrades-will-produce-jobs-and-expand-manufacturing-facilities-3511412), 2021-03-03: "This FedNor investment will allow us to purchase the cutting-edge equipment we need to scale up, increase production, expand into new markets and meet the growing demand for our products and services."

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