# Dishon Limited receives $4.2 million federal funding for new equipment

Dishon Limited, an aerospace parts manufacturer based in Vaughan, Ontario, received $4.2 million from FedDev Ontario through the Aerospace Regional and Recovery Initiative. The funding will be used to employ new manufacturing equipment, enabling commercialization of up to 200 new parts and expansion into space and electrical aviation markets.

- Type: Investment
- Announced: 2022-12-09
- Where: Vaughan, Ontario, Canada
- Value: $3.10M (4.20M CAD)
- Jobs: 50
- Status: announced
- Products: landing gear components, engine components, fluid system components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Dishon Limited](https://endata.com/companies/67232.md)
- [Government of Canada](https://endata.com/companies/1351.md) (investor)
- [Federal Economic Development Agency for Southern Ontario](https://endata.com/companies/41558.md) (investor)

## Sources

- [shopmetaltech.com](https://shopmetaltech.com/aerospace/aerospace-manufacturer-dishon-limited-receives-federal-funding-for-new-equipment/), 2022-12-12: "Aerospace manufacturing is massively capital intensive, and we are extremely grateful in having FedDev Ontario as a partner to support the next decade of manufacturing growth in Space, Engines and the Ontario ecosystem."
- [yorkregion.com](https://www.yorkregion.com/news/federal-government-gives-spacex-manufacturer-dishon-limited-over-4m-creating-up-to-50-new-jobs/article_fdaf7912-e442-5f18-b9b7-8575ad1042fb.html), 2022-12-17: "The Government of Canada through FedDev Ontario is providing Dishon Limited with a repayable contribution of over $4 million to expand operations, increase production capacity and diversify product offerings."

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