NGen Allocates $62.7 Million for Advanced Manufacturing Projects in Canada
Next Generation Manufacturing Canada (NGen) has announced nearly $25 million in federal funding to support 14 new advanced manufacturing technology projects. This funding is part of a larger $62.7 million investment, with $38 million coming from industry partners. The announcement was made at Hannover Messe, the world's largest industrial trade show. The projects aim to strengthen Canada's manufacturing sector by driving innovation and investment in advanced manufacturing technologies. NGen's initiative is designed to enhance the competitiveness of Canadian companies in global markets and develop a skilled workforce for advanced manufacturing.