Province Invests in London-Area Businesses to Boost Local Economy

Robert Sayers

Arva Industries is investing more than $2.1 million to expand its plant in St. Thomas and purchase equipment for the engineering design and build of 12 hybrid rail-bound crane cars for New York City Transit. With more than $312,000 from the Southwestern Ontario Development Fund, Arva Industries will be more efficient and meet delivery dates on this milestone contract – the company’s largest to date. The project will create six new jobs and retain 49 existing positions. Arva Industries is an Ontario-based company with global reach, manufacturing underground mining and railway maintenance equipment for the transportation industry.

“The funds provided through this program will help Arva improve productivity and competitiveness within our market,” said Paul J. Smith, President of Arva Industries. “We have been recruiting for additional staff for several months now and anticipate that this trend will continue.”