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Invest Sault Ste. Marie

Success Stories

Foreign Direct Investment and International Businesses Success Stories

Sault Ste. Marie proudly hosts a number of foreign-owned businesses, and home-grown successes. The community embraces all of these companies with open arms.

International businesses receive the full support of City Council and staff, senior levels of government, the Sault Ste. Marie Economic Development Corporation and the community at large. With this support and the competitive advantages found here, these international companies have thrived in Sault Ste. Marie.

Success stories include:

  • Essar Steel Algoma, an integrated primary steel producer, is a subsidiary of India-based Essar Group
  • KKR & Company, is an American multinational private equity firm that purchased the 60-megawatt solar farms project in Sault Ste. Marie from Starwood Energy Group
  • Tenaris Algoma Tubes, a manufacturer of seamless and welded steel pipe products, is owned by a conglomerate with ties to Argentina, Italy and Luxemburg
  • Heliene Canada, a manufacturer of photovoltaic solar panels that began operating thanks to a partnership between Helios Energy Europe and Canadian entrepreneurs
  • Sutherland Global Services, a multinational company that employs 30,000 people worldwide in 10 countries, operates a business-process outsourcing (BPO) centre in Sault Ste. Marie

Local Success Stories

JD Aero flying high with growth initiative
By Marc Capancioni
April 27, 2016

The Sault Ste. Marie Airport Development Corporation and Sault Ste. Marie Economic Development Corporation are working on a joint initiative that’s expected to generate 25 high-end jobs.

It was announced today that the airport is receiving $1.8 million from the Northern Ontario Heritage Fund Corporation. The investment will be used towards a $5.8-million expansion of the hangar facilities occupied by JD Aero Technical, an aircraft maintenance, repair and overhaul provider. With more space, the company is able to grow and meet the needs of its newest clients, WestJet and Horizon.

“JD Aero has quickly expanded at the Sault Airport to become a cornerstone tenant for the SSMADC growing from three employees to more than 100 employees in less than 10 years,” said Terry Bos, President and CEO of the Sault Ste. Marie Airport Development Corporation, the non-profit organization that operates the local airport.

By growing its hangar facilities and services, JD Aero is expanding its full-time permanent workforce from 50 to 75 employees. This brings the total full-time and part-time employees to approximately 110 jobs. Click for more

Arauco - SSMEDC partnership comes to successful fruition
By Marc Capancioni
January 29, 2016

When people and groups work together for a common goal, great things can happen. An announcement today from Arauco North America (formerly Flakeboard Co.) and the Sault Ste. Marie Economic Development Corporation (SSMEDC) once again demonstrates that the adage is correct.

The company is finalizing an agreement to purchase its facility from the SSMEDC, a transaction that completes an extremely successful multi-year partnership.

First, some background: in the mid-1990s, the SSMEDC worked with Federal and Provincial officials to help attract GP Flakeboard to Sault Ste. Marie. The company set up a facility on Base Line to manufacture medium-density fibreboard (MDF). This venture proved to be successful for all parties involved, directly benefitting the local economy and community in general.

During its first years of operating, Flakeboard transported some of its MDF to a facility in southern Ontario to be laminated and used for mouldings, cabinets and other finished products. Seeing an opportunity, the SSMEDC team worked with Flakeboard and developed a business case to have the company expand its local operation and do the lamination right here in Sault Ste. Marie.

With business case in hand, the SSMEDC approached the Northern Ontario Heritage Fund, FedNor and the Community Development Corporation. The three funding agencies, along with the City of Sault Ste. Marie, stepped up to the plate to support the Flakeboard expansion project. Click for more

SSMEDC client embarking on a major expansion initiative
By Marc Capancioni
June 12, 2015

A local industrial firm is set to significantly expand its production capacity.

Envirotek Sealing and Fibreglassing recently received a $1-million investment from the Northern Ontario Heritage Fund Corporation (NOHFC) to help purchase additional machinery and construct a new building on Allen’s Side Road. The project will create and retain jobs while also adding to the Municipal tax base.

Envirotek currently offers services such as corrosion, asbestos and lead abatement, along with specialized sealing and foam spray insulation. Under its growth initiative, the business will be expanding its product line to include custom design and the fabrication of all metal products for the HVAC industry.

At the funding announcement on June 11, 2015, company President Patrick Praysner thanked the Sault Ste. Marie Economic Development Corporation for helping the expansion project come to fruition. The organization worked with him on the Provincial funding application and assisted the business in forming other strategic partnerships, including one with the Business Development Bank of Canada.

“The level of support we received from the team at the Sault Ste. Marie Economic Development Corporation was phenomenal,” said Praysner. “They were instrumental in helping us secure financing for this project, and we couldn’t have done it without them.” Click for more