Overview
- The companies signed the agreement in Stockholm with Industry Minister Mélanie Joly and defence procurement secretary Stephen Fuhr present.
- Intellectual property for the facilities will be jointly held, allowing Roshel to use Swebor technology to make ballistic-protection steel domestically.
- Initial production will occur at Roshel’s Brampton and Mississauga sites, with a second phase requiring higher hydroelectric capacity to be located later.
- Planned output spans multiple grades for defence needs as well as agriculture and mining, serving Canadian and international customers.
- Executives and federal officials say the project strengthens supply-chain security by reducing reliance on imported steel that has carried long lead times.