Hy-Power Nano Inc. Comes To North Bay

NORTH BAY, ON, Nov. 8, 2011 /CNW/ - Today, Hy-Power Nano Inc. with the City of North Bay, announced that Hy-Power will be establishing a new research and production facility in the city's newly created Airport Industrial Business Park. Construction will commence in Spring 2012 and the new facility will support Eastern Canada and US markets.

Hy-Power Nano Inc. is a subsidiary of Hy-Power Coatings Limited, Southern Ontario's premier coatings service provider with a 45-year track record of innovation and application of industrial coatings for business and government clients.

Hy-Power Coatings Limited's President and Founder, Joseph G. Grzyb, created Hy-Power Nano and assembled a management team to oversee the development of new research facilities and the commercialization of their focused output, one of which will be located in North Bay, Ontario.

"We are delighted to announce the establishment of a Nano Centre in North Bay," says Joseph Grzyb, President and Founder of Hy-Power Nano. "North Bay created a very compelling case for establishing a facility here. We see the strength in collaborating with industry, government and academia, working together to achieve the benefits of nanotechnology."

Hy-Power Nano is currently focused on developing "next generation" nanocoating products that can deliver exceptional thermal insulation benefits.  The company's goals include providing immediate and significant carbon footprint reductions for buildings; followed by innovations in the solar, plastics, automotive, oil & gas, construction and forestry sectors.

Hy-Power Nano works with best-in-class scientific and academic partners: the National Research Council of Canada's National Institute for Nanotechnology and Ontario's McMaster University.  As part of the North Bay operation Hy-Power Nano will also be working closely with Canadore College.

"On behalf of North Bay City Council, I am pleased to welcome Hy-Power Nano Inc. to our community in our newly created Airport Industrial Business Park" stated Mayor Al McDonald. "We are excited that this new research and development facility will house production for this emerging field.  I am proud that Canadore College will be a part of the growth of the industry."

North Bay is a business friendly community located three hours north of Toronto. With competitively priced serviced industrial land and multinational industry residing in harmony among beautiful parks and recreational facilities, power centres outside of the downtown core, a new state-of-the-art Regional Health Centre and extensive educational infrastructure, North Bay is an ideal place to expand your business.

Image with caption: "Joseph Grzyb, President and Founder of Hy-Power Nano (holding the shovel) breaks ground as Vic Fedeli, MPP Nipissing (left), and North Bay Mayor Al McDonald (right) watch during a ceremony held Nov. 8, 2011, in which Hy-Power Nano Inc. announced plans to establish a new research and production facility in North Bay, Ontario. Construction will commence in the spring 2012. (CNW Group/Hy-Power Nano Inc.)". Image available at: http://photos.newswire.ca/images/download/20111108_C3821_PHOTO_EN_6307.jpg

SOURCE Hy-Power Nano Inc.

For further information:

Hugh Black            Mayor Al McDonald
c/o Hy-Power Nano            The Corporation of the City of North Bay
416-898-4871, hughblack@cogeco.ca           200 McIntyre Street East
101 Devon Road           North Bay, ON P1B 8H8
Brampton, ON 6LT 5A4           705.474.0400 ~ cityofnorthbay.ca
905.790.8577 ~ hy-powernano.com

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Hy-Power Nano Inc.

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