# Precambrian Products invests $5.6M in Newmarket plant expansion

Precambrian Products Inc. invested $5.6 million in its Newmarket plant, adding five extruders across four production lines, supported by $880,695 from the Ontario government. The project creates 32 new jobs.

- Type: Expansion
- Announced: 2024-08-15
- Where: Newmarket, Ontario, Canada
- Value: $4.10M (5.60M CAD)
- Jobs: 32
- Status: announced
- Products: filtration media, sorbent pads, high loft slabs, nonwoven fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Precambrian Products Inc.](https://endata.com/companies/79209.md)

## Sources

- [precambriannonwoven.com](https://precambriannonwoven.com/news-ontario-investment-2024.html), 2024-08-15: "This investment empowers us to expand in Ontario, create jobs, and develop next-generation nonwoven fabrics."

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