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INNISFIL, ONT. \u2014 Northern Transformer Corporation (NTC), a Canadian manufacturer of high-voltage power transformers, is planning an investment of nearly $207 million to build a new facility in Innisfil, Ont.<\/p>\n
In support of this investment, the Ontario government is providing $10.5 million in funding through the\u00a0Invest Ontario Fund<\/a>, and the federal government is providing $6 million through the Federal Economic Development Agency for Southern Ontario.<\/p>\n The decision marks NTC\u2019s entrance into the large power transformer market, creating 151 new jobs, explains a release.<\/p>\n Once operational, which is anticipated for 2028, the new facility will manufacture and test high-voltage transformers with power handling capabilities of up to 500 kV and 750 MVA, which are critical to supporting large-scale industrial projects, including data centres, mining operations and steel manufacturing.<\/p>\n Northern Transformer will equip its new 183,000-square-foot LPT facility with critical machinery to increase transformer production capabilities and strengthen the company\u2019s position in the local power supply chain.<\/p>\n NTC\u2019s\u00a0new transformer lines will source wiring, insulation and electrical steel from Ontario-based suppliers, the release adds.<\/p>\n Founded and headquartered in Ontario since 1981,\u00a0NTC\u00a0designs and manufactures liquid-filled power transformers for a broad range of customers including companies operating in the industrial, nuclear, mining, utilities, renewables and petrochemical sectors.<\/p>\n In addition to this expansion, the company already operates an existing facility in Maple, producing smaller-capacity transformers.<\/p>\n This expansion is being delivered through partnerships with HydroOne, the Government of Ontario through Invest Ontario, the Ministry of Energy and Electrification, the Town of Innisfil and the County of Simcoe.<\/p>\n<\/p><\/div>\n