Samco Machinery Ltd., based in Toronto, says it is expanding its business and creating up to 60 jobs by adapting its auto-parts plant to manufacture solar energy components.
The company will update its machinery and invest in new equipment to manufacture solar racking equipment in partnership with SunEdison. The Ontario-made equipment will serve the growing demand for solar panels in the province and across North America, according to the company.
Samco Machinery estimates that 10% of its business this year – and about half of its business in 2011 – will come from the solar market.
SOURCE: Samco Machinery Ltd.
