Federal loan for new Ecolomondo plant in Hawkesbury

This was posted more than 12 months ago. The information may be outdated.

By James Morgan, The Review, June 25, 2019

A federal financing agency is loaning a new industry in Hawkesbury $32.1 million to build its plant.

On June 21, Omar Alghabra, the Parliamentary Secretary to the Minister of International Trade Diversification announced the loan from Export Development Canada (EDC) to Ecolomondo, a Montréal-based tire recycler that is building a new plant on an extension of Tessier Street in Hawkesbury.

The announcement was made in the parking lot of Maylan, the Hawkesbury construction company that is building the plant.