Industry News

Lakeshore-based aluminium downstream producer receives USD 5 million government aide

Views : 105
Update time : 2024-10-23 14:26:31
Can Art Aluminum Extrusion, an Electronic Vehicle (EV) aluminium part manufacturer from Lakeshore, has received USD 5 million to enhance its aluminium parts manufacturing capacity and produce new components for the EV market.

The federal government awarded the Canadian company as part of a larger initiative. The government has invested USD 12 million in six manufacturers: BSB Manufacturing Ltd., Clover Tool Manufacturing Ltd., CMP Automation Inc., Electrovaya Inc., and Marwood International Inc., in addition to Can Art Extrusion.

Related News
Read More >>
Taiwan's coated steel demand falls short of expectations after typhoon reconstruction Taiwan's coated steel demand falls short of expectations after typhoon reconstruction
Sep .19.2025
Taiwan's coated steel demand falls short of expectations after typhoon reconstruction
Global primary aluminum market has short supply of 119,900 tons in Jul Global primary aluminum market has short supply of 119,900 tons in Jul
Sep .19.2025
Global primary aluminum market has short supply of 119,900 tons in Jul
China's aluminum-related production statistics in Aug China's aluminum-related production statistics in Aug
Sep .19.2025
China's aluminum-related production statistics in Aug
Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand
Sep .19.2025
Saudi Arabia accelerates major water transmission projects, raising pipe and long steel demand