VICTORIA – Harwood Custom Composites in North Saanich is the recipient of $165,750 in PacifiCan funding to scale up their operations and expand their manufacturing capabilities. This funding comes from the Aerospace Regional Recovery Initiative.
Harwood Custom Composites, a certified Aboriginal business, has been a key supplier of custom composite fabrication, repair, and design services to the local aerospace industry for over 20 years. The company is well-positioned to supply parts and services to meet a growing demand from aircraft manufacturers.
This PacifiCan funding will allow Harwood to grow by securing equipment and materials, hiring and training new staff, and attracting new customers.
This funding announcement coincides with the opening of the 2023 Aerospace, Defence and Security Expo, delivered by the Aerospace Industries Association of Canada (AIAC). In 2019, Western Economic Diversification Canada (WD), PacifiCan’s predecessor, provided $1.5M to the Association to support the growth of western Canada’s aerospace industry, which included delivering the 2023 Expo.
The Expo is in its 13th year and provides an important forum for industry, government, and key decision makers to meet. Featuring exhibits, speakers, and workshops, this event supports building a globally competitive Canadian aerospace industry.
PacifiCan is the federal economic development agency dedicated to British Columbians which works with partners who are building innovative businesses, creating quality jobs, and supporting inclusive growth throughout our province. PacifiCan – and previously WD – has a long history of supporting a vibrant aerospace industry in British Columbia.
“PacifiCan’s vital contribution to the Aerospace Defence & Security Expo raises the profile of the Western Canada aerospace sector in an ever-expanding global marketplace. The Aerospace Regional Recovery Initiative is having a demonstratable impact on small and medium-sized businesses in British Columbia and across the country. AIAC is proud in advocating for this important program that is helping aerospace companies be better positioned coming out of the pandemic,” said Mike Mueller, President and CEO of the Aerospace Industries Association of Canada.
The ARRI program has helped several B.C.-based companies, including Harwood Custom Composites, which was previously approved.
Founded in 1999, Harwood Custom Composites is a privately owned Canadian company located at the Victoria International Airport on Vancouver Island.
For over sixty years, the Aerospace Industries Association of Canada has worked with its members to develop what is today one of the largest aerospace industries in the world.
British Columbia is one of the largest aerospace clusters in Canada with over 200 companies operating in the sector.
Business Examiner Staff