Contribution: CED & Diversification
Canada Cordage Inc.
$126,000.00
814660
FY 2018-19 · 2019-03-07
Summary
The project enables the company to relocate its twisted rope manufacturing equipment from its US facility (Orion Ropeworks) to its Deseronto facility.
Program
CED & Diversification
Recipient
Location
Deseronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
119433712
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Additional Information
Agreement terminated. Value changed from $900,000 to $126,000 as per contract amendment.
Additional Information (French)
Accord résilié. La valeur de cet accord est passée de 900 000 $ à 126 000 $ à la suite de la modification du contrat.
Agreement End Date
2023-12-31
Agreement Number
814660
Agreement Start Date
2019-03-07
Agreement Title
814660
Agreement Title (French)
814660
Agreement Type
Contribution
Agreement Value
$126,000.00
Amendment Date
2020-06-01
Amendment Number
1
Coverage
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario. | Atteindre un ou plusieurs des résultats ministériels suivants : i) les entreprises du Sud de l'Ontario investissent dans le développement et la commercialisation de technologies novatrices; ii) les entreprises du Sud de l'Ontario sont novatrices et en croissance; iii) les collectivités du Sud de l'Ontario sont diversifiées sur le plan économique.
Description
The project enables the company to relocate its twisted rope manufacturing equipment from its US facility (Orion Ropeworks) to its Deseronto facility.
Description (French)
Ce projet permettra à l’entreprise de déplacer son équipement de fabrication de câbles torsadés, de son usine américaine (Orion Ropeworks) vers son usine de Deseronto.
Expected Results
To achieve one or more of the following departmental results, i) Businesses in southern Ontario invest in the development and commercialization of innovative technologies, ii) Businesses in southern Ontario are innovative and growing; and iii) Communities are economically diversified in southern Ontario.
Expected Results (French)
Atteindre un ou plusieurs des résultats ministériels suivants : i) les entreprises du Sud de l'Ontario investissent dans le développement et la commercialisation de technologies novatrices; ii) les entreprises du Sud de l'Ontario sont novatrices et en croissance; iii) les collectivités du Sud de l'Ontario sont diversifiées sur le plan économique.
Federal Riding
Hastings-Lennox and Addington
Federal Riding (French)
Hastings-Lennox and Addington
Federal Riding Number
35039
NAICS Code
339990
Organization Code
feddevontario
Organization
Federal Economic Development Agency for Southern Ontario | Agence fédérale de développement économique pour le Sud de l'Ontario
Program Name
CED & Diversification
Program Name (French)
Développement et diversification économique des collectivité
Program Purpose
To develop, diversify and transform local economies by promoting small business development, community innovation and strategic collaborations.
Program Purpose (French)
Développer, diversifier et transformer les économies locales en favorisant le développement des petites entreprises, l'innovation communautaire et les collaborations stratégiques.
Recipient Business Number
119433712
Recipient City
Deseronto
Recipient Country
CA
Recipient Legal Name
Canada Cordage Inc.
Recipient Operating Name
Canada Cordage Inc.
Recipient Postal Code
K0K 1X0
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
062-2020-2021-Q2-00369
