Innovative companies based in Delta, B.C. receive over $1.6 million to expand production of recycled plastics and energy monitoring technology

PacifiCan funding will help develop new products and spur the growth of two innovative B.C. companies.

March 15, 2024 – Delta, British Columbia – PacifiCan

The City of Delta has one of the fastest growing industrial areas in Greater Vancouver and is home to innovative companies like Plascon Plastics Corporation and GridGear Solutions Ltd. By developing solutions to environmental challenges, these two companies are poised for further growth.

PacifiCan is here to help B.C. businesses grow locally and compete globally. That is why, today, the Honourable Carla Qualtrough, Minister of Sport and Physical Activity and Member of Parliament for Delta, on behalf of the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced $1,628,450 in funding for Plascon Plastics and GridGear through the Business Scale-up and Productivity program.

Plascon Plastics will receive over $1.2 million to expand its manufacturing capacity for sustainable plastic injection moulding. Injection moulding is a process for producing parts by injecting molten plastic into a mould. Plascon Plastics is innovating in the use of post-consumer recycled materials such as recycled plastics, used car tires and carpet fibres in the injection moulding process. PacifiCan funding will allow Plascon Plastics to purchase new equipment and moulds, hire more employees, and increase product offerings, including developing a transparent 4.15-gallon pail that is currently not available in North America. 

Minister Qualtrough also announced $381,750 in funding to GridGear, a producer of electricity submetering technology. Submetering technology allows users to better understand their energy use and help them reduce energy consumption to cut costs. With the PacifiCan support, GridGear will scale up production and commercialize their next generation submetering technology. This new technology will enable GridGear to offer their products to industrial customers that require a submeter that can handle higher voltages.

The projects announced today align with PacifiCan’s interests in boosting advanced manufacturing and clean technology in B.C. They drive innovation, revenue growth and job creation, supporting PacifiCan’s vision of enduring prosperity for all British Columbians.