Grants and Contributions:
Title:
Project PACMAN
Agreement Number:
514586
Agreement Value:
$551,349,400.00
Agreement Date:
Jul 4, 2022 - Mar 31, 2029
Description:
This project will create a greenfield manufacturing facility for cathode active battery materials (CAM) and their precursor materials (pCAM) in Loyalist Township, ON.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will see the construction of a battery materials production plant in Loyalist Township, ON which will help create the North American electric vehicle (EV) supply chain.
Location:
Bath, Ontario, CA K0H1G0
Reference Number:
033-2023-2024-Q2-514586
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
105447841
Recipient Type:
For-profit organization
Additional Information:
This is a non-repayable contribution
Recipient's Operating Name:
Umicore Canada Inc.
Recipient's Legal Name:
Umicore Canada Inc.
Federal Riding Name:
Sherwood Park--Fort Saskatchewan
Federal Riding Number:
48032
Program:
SIF Stream3- Attraction
Program Purpose:
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
NAICS Code:
339900