Northern Transformer Corporation Receives $3M Investment to Retrofit Vaughn Facility
Aug 2, 2019
Deborah Schulte, Member of Parliament for King–Vaughan, announced a FedDev Ontario contribution of $3 million to help Northern Transformer Corporation (NTC) innovate the way its power transformers are manufactured by adopting innovative clean technologies that will result in a reduced environmental footprint.
NTC is a fast-growing designer, manufacturer and tester of power transformers used by energy infrastructure clients in the utilities, renewable energy and industrial markets.
FedDev Ontario’s contribution will allow NTC to retrofit its 105,000-square-foot facility in Vaughan with new, state-of-the-art equipment and to adopt first-in-Ontario ‘vapour phase drying’ technology in its manufacturing processes. This innovative clean technology performs better than conventional heating processes. It offers significant energy savings and the efficient removal of humidity, which means the company’s next generation power transformers will work more efficiently and have a longer lifespan.
Additionally, this project will enable NTC to reduce its processing time and increase production volume, helping the company respond to strong market demand for the replacement of power transformers that are approaching the end of their lifecycle. The project will also help the company to gain market share of the North American energy infrastructure sector and the emerging renewable energy sector.
Through this project, NTC expects to create 32 new skilled manufacturing and engineering jobs in Vaughan, and expects to purchase over $140 million in materials over the next decade from local supply chain partners across southern Ontario.
