The Government of Canada announced a $2.5-million investment towards the growth of BECC Modular, a manufacturing company providing turn-key modular homes for affordable housing projects.
BECC Modular is coming up with innovative and affordable solutions to increase Canadian housing inventory. Through this investment, BECC will adopt more efficient steel frame manufacturing capabilities for modular home construction. As a result, the company is expected to produce up to 2,200 modular structures per year for single and multi-story buildings across Canada and abroad. In addition, this project will create 35 new, skilled jobs in the Hamilton region. This is one of the many ways the Government of Canada is working to increase the supply of attainable homes.
“Our government knows we need to act quickly to create more housing, support the middle class and build an economy that works for all Canadians. That is why we are investing in manufacturers, like BECC Modular, that are working hard to provide much needed solutions for quality affordable housing and create skilled jobs so Canadians can secure their futures and continue to grow,” said Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario).
“Together, we are committed to helping position our thriving manufacturing sector for a successful future while also shaping innovative solutions for a more affordable future for Canadians,” said Chad Collins, MP for Hamilton East–Stoney Creek.
“Today’s investment is important news for the Hamilton community as we support local manufacturer, BECC Modular, in increasing first-in-Ontario capabilities and creating 35 good jobs across the region,” said Lisa Hepfner, MP for Hamilton Mountain.
“This is the right investment at the right time. BECC Modular has access to the right labour and materials in Hamilton to scale up dramatically our production output and respond rapidly to the ever-increasing demand for housing of all types,” said Ali Ozden, CEO, BECC Modular.
Featured image: (Government of Canada)