A $7-million Manitoba Industrial Opportunities Program (MIOP) loan will help to create more than 100 jobs at Loewen Windows and support Manitoba’s thriving manufacturing sector. This announcement was made by Jobs and the Economy Minister Kevin Chief.
“As Canada’s largest wood window builders, Loewen Windows has an international reach, but it knows its biggest impact is creating good jobs here in Steinbach,” said Minister Chief. “We want to help and this loan means it can hire more than 100 new people right here in its hometown.”
Loewen Windows is located in Steinbach and employs more than 500 people. The company brings opportunities to the province through its efforts to compete in the North American and global manufacturing markets, the minister noted.
“This funding helps more Manitobans become part of our dedicated, highly trained workforce. It will help us grow our customer base, and deliver the highest quality of products and customer service,” said Al Babiuk, president and chief executive officer, Loewen Windows. “The loan and training assistance combine with the company’s own investment to help achieve our strategic plan.”
In addition to the MIOP loan, there will also be up to $1,366,000 in training assistance provided to Loewen Windows, Minister Chief said. This assistance will be part of a $6.5-million company investment that will increase the skills of its workers and contribute to strengthening Manitoba’s workforce, he added.
Funding from the Manitoba government will add to the company’s $32-million commitment to a five-year strategic plan that involves creating up to 180 jobs. Existing staff will also be trained in areas such as new equipment and technology use, and process and quality improvement.
“More than 500 people already make their living at Loewen Windows and we want to make sure they have the skills they need to stay competitive in one of Canada’s fastest growing economies,” said Minister Chief. “This training investment will help employees continue to produce some of Canada’s best windows while they earn a good living for themselves and their families.”
Minister Chief noted the MIOP loan is a secured, interest-bearing, repayable loan.
