This story came out a few hours ago and it was nice to see such confidence in the city by the investors.

 https://www.northernontariobusiness.com/regional-news/north-bay/major-expansion-underway-at-north-bay-manufacturing-facility-953514

There’s some great economic news for the City of North Bay.

Di-Corp is expanding its Drillers Edge manufacturing facility at the Airport Industrial Business Park.

The company is effectively doubling the size of its current facility and expects to expand its workforce as demand for its product increases and the expansion is completed at the end of the year.

The added space will provide room for additional manufacturing operations and warehousing.

A company spokesperson said the expansion of its world-class manufacturing facility in North Bay is necessary to meet increased demand for its Drillers Edge line of drilling products, putting it in a position to better serve its growing customer base worldwide. Di-Corp is a manufacturer and distributor of specialty chemicals, parts and accessories serving the energy, mining and drilling industries.

Its primary focus is in the mining sector and mineral exploration.

City council approved the sale of the five acres of industrial land recently.  

“This is exciting news for the community,” said North Bay Mayor Al McDonald.

“It shows confidence in the city by the investors, and it’s a selling point to other companies that would be interested in the city and the airport land. North Bay has one of the lowest industrial tax rates in the province and the lowest commercial tax rate of the big five cities in Northern Ontario. In addition to the location, those are other reasons why businesses would want to invest here.”

The airport industrial park opened in 2012, and today has six buildings on the property.

“We have 123 acres of serviced industrial land at our airport industrial park. We have 700 acres in total. This is phase one," McDonald said.

"As the park fills up then councils of the future can decide if they’re going to service more land in that area. We're always looking for companies to build, expand or locate there."

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Back in January of this year ....North Bay backed the Timmins bid for Noront's ferrochrome plant

http://www.timminspress.com/2018/01/18/north-bay-backs-timmins-bid-for-noront-plant

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But I believe there is more to this...

When you look at Di-Corp..

https://www.trademarkia.com/dicorp-down-to-earth-business-85969814.html

notice this part..

"This is a brand page for the DI-CORP DOWN TO EARTH BUSINESS trademark by DIVERSITY TECHNOLOGIES CORPORATION  in Edmonton, Alberta, , T6E5G2."

Pay attention to the Edmonton Address, postal code.

then look at this:

https://www.bloomberg.com/profiles/companies/5012509Z:CN-diversity-technologies-corp

notice this ?

CAddress:

8750 53 Ave Nw

Edmonton, T6E 5G2

Canada

Phone: 0001-78044049

Fax: 0001-78046918

 www.hollimex.com

I

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Then I looked at this…

http://northernprospector.ca/di-corp-they-dont-just-sell-products-they-deliver-solutions/

Di-Corp’s roots date back to 1957 in the basement of company founder, Robert F. LePoole where he imported pipe tobacco and bicycles from Holland under the original company name of Hollimex Products.

I took a look at Hollimex, Netherlands and got this site:

http://www.hollimex.nl/en/home/

Welcome to HOLLIMEX STAINLESS

Hollimex - Wholesaler specialized in stainless steel and partner for total solutions!

We deliver a complete range of high quality stainless steel fittings, parts, process components and semi-finished products.

Apart from stainless steel, we can offer a wide range in duplex, alloys, ferro- and non-ferro metals, hoses, tools, fasteners and accessories.

 When I go back to the expansion announced today by Di-Corp, I keep thinking back to the words of spoken by the mayor

" North Bay has one of the lowest industrial tax rates in the province and the lowest commercial tax rate of the big five cities in Northern Ontario. In addition to the location, those are other reasons why businesses would want to invest here.”

“We have 123 acres of serviced industrial land at our airport industrial park. We have 700 acres in total. This is phase one," McDonald said."