The provincial government is awarding a $1 million subsidy to Manitoba’s Vehicle Technology Centre (VTC).
Based in Winnipeg, VTC is a not-for-profit organization whose mission is to foster the competitiveness of Manitoba’s heavy-vehicle manufacturing sector.
Jobs and the Economy Minister Theresa Oswald this week said the new provincial investment of $1 million over two years will support Manitobans working in heavy-vehicle manufacturing.
The industry employs 6,500 Manitobans and is a major economic driver in the province, she said.
“The leadership, the ideas and the goals of those in Manitoba’s heavy vehicle manufacturing sector are admirable and modern,” Oswald said. “We value their contribution to helping our economy grow and working alongside the VTC to develop technologies that keep Manitoba companies competitive locally and globally.”
In the past five years, the VTC reports projects supported by the centre have led to new products that have generated an estimated $197 million in new exports, $2.4 million in manufacturing investment and supported the creation of 223 new manufacturing positions.