Sigmapoint Receives Boost from Province
The Government of Ontario is investing $289,695 in SigmaPoint Technologies to offset part of a $2 million expansion that will create at least 10 new jobs and help train current employees in new technology.
Sigmapoint will be purchasing new equipment that will help it improve its testing methodologies, as well as equipment to add more flexibility to its manufacturing processes.
Sigmapoint President Dan Bergeron explains the new equipment purchases to Sigmapoint staff prior to the EODF funding announcement.
"This project will help us improve our efficiency and eliminate wastes in our manufacturing, which will decrease the lead-time of product through our facility", said Sigmapoint President Dan Bergeron. "The projecct will help our partner OEMs improve their time to market, thus making them more attractive/competitive compared with off-shore solutions."
 Ontario Premier Dalton McGuinty, Sigmapoint Marketing Manager John Earle and MPP Jim Brownell. |
"You have to invest in the best, to be the best," said Dalton McGuinty, Premier of Ontario."Together, we're creating the jobs and the positive business climate needed to move Eastern Ontario forward."
SigmaPoint Technologies is an Electronic Manufacturing Services (EMS) provider that provides end-to-end assembly services for highly complex electronic products within Communication, Defense, Industrial, and Transportation markets. SigmaPoint circuit boards are used in ATMs, seismology instruments, high end cameras, military radios, industrial equipment, multimedia signalling technologies, motherboards and servers.
The Company and its employees have made a strong commitment to Lean manufacturing and an equal dedication to continuous improvement. One of SigmaPoint's competitive advantages is its proprietary manufacturing software SigmaTrack, which allows customers to access to real-time production data.
The annoucement was made by Jim Brownell, MPP for Stormont-Dundas-South Glengarry, at a medida conference at the SigmaPoint facility in Cornwall's Business Park. The funding is made possible by the Province's Eastern Ontario Development Fund.
Eastern Ontario businesses that invest $500,000 or more in projects that create or retain at least 10 jobs over five years are eligible for a grant of up to 15% from the Eastern Ontario Development Fund. The EODF was created by the Province in 2008.