Minister Navdeep Bains recently announced that Mississauga-based Datec Coating Corporation will receive a grant of up to $1.3 million from Government of Canada Automotive Supplier Innovation Program (ASIP). This funding will allow Datec to tailor its technology to meet the rigorous demands of the automotive industry and to scale production. Today, Datec produces thousands of parts for various industries in their Mississauga factory. They expect to produce hundreds of thousands of them by 2019 thanks to the additional resources made possible by this ASIP grant and the the jobs it will create.
Datec patented technology offers efficient, compact and lightweight heating components that will help maximize the performance of electric and hybrid vehicles. Using their thick-film heating technologies, Datec will improve heating management systems for vehicle cabins, lithium-ion batteries and engine fluids.
The other companies receiving funding are:
- Tyromer Inc. in Windsor, Ontario(up to $3.4 million), which is using recycled scrap rubber to seal car windows and doors.
- Eurospec Manufacturing Inc. in Newmarket, Ontario(up to $1.7 million), which is developing a best-in-class automotive seat adjustment mechanism.
- Loop Energy Inc. in Burnaby, British Columbia (up to $787,000), which is developing a fuel cell that will generate more power.
- TM4 Inc. in Boucherville, Quebec (up to $4 million), which is developing a low-cost, high-performance electric engine for light trucks.
- Advanced Technology Emission Solutions Inc. in Hamilton, Ontario (up to $272,000), which is developing a catalytic converter designed to reduce greenhouse gas emissions from car tailpipes.