Local Manufacturing Company Moves Ahead with Multi-Million Dollar Investment
A heating and cooling equipment manufacturing company in Millhaven will undergo a $2.7-million expansion.
Direct Coal Inc. on Taylor Kidd Blvd will spend $2.4-million to expand its manufacturing line while the Ontario Government has contributed another $268,600 to get the work done by 2020.
The move is expected to create 20 new jobs and help keep another 73 people employed.
"At Direct Coil we are excited about expanding our business and building a solid foundation for continued growth", says Pat Occhicone, President and CEO.
"We are pleased to partner with the Ontario government to help us grow our business and bring more jobs to our community."
Direct Coil designs and manufactures heat transfer products, primarily heating and cooling coils found in furnaces, air conditioning and refrigeration equipment, as well as other engineered products.