Algoma Steel Group Inc. formed Roshel Algoma Defence Solutions Inc., a joint venture with Roshel Inc., to produce sovereign ballistic steel solutions and establish a Canadian Centre of Excellence for defence applications.
Key takeaways
Algoma Steel and Roshel Inc. established Roshel Algoma Defence Solutions Inc. (RADS) joint venture.
RADS to deliver full-cycle ballistic steel production including fabrication, forming, welding, and machining in Canada.
Supports Canadian defence procurements like Light Utility Vehicles (LUVs), DAME program, ships, and submarines.
Expected to support over 500 workers with new high-quality manufacturing jobs.
Aligns with Canada's Defence Industrial Strategy and Buy Canadian policies.
Enables exports of Canadian-made ballistic steel to allied countries.