Government of Canada invests $3.25M in Wabi Iron & Steel foundry expansion

The Government of Canada, through FedNor, invested $3,250,000 to help Wabi Iron & Steel Corp. upgrade and expand its foundry in Temiskaming Shores, Ontario, creating 43 new jobs and tripling revenue by 2027.

“This investment will allow Wabi to purchase specialized energy efficient equipment, produce larger products, increase production and market share, while tripling its revenue by 2027.”canada.ca

• 1 source
• canada.caGovernment of Canada Supports Wabi Iron & Steel with Over $3.2 Million Investment to Meet Growing Demand - Canada.caFederal Economic Development AgencyJan 28, 2025

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