Once seen a strictly a steel town, Sault Ste. Marie has seen significant economic diversification in the past decade or so.
While the steel industry still plays an important role in the local economy, other sectors have seen much growth, such as alternative energy, science and technology, aviation services, and business-process outsourcing.
For instance, a number of small and medium-sized businesses have set up shop here in the past few years, including:
- Canadian Bank Note Company - from its Sault Ste. Marie operation, the Ottawa-based company runs the province's charitable bingo and gaming services.
- JD Aero Technical - provides aircraft maintenance, repairs and overhaul services for airlines around the world, including Air Canada Jazz, Air New Zealand, Austrian Airlines and Porter Airlines.
- Heliene Canada - manufactures photovoltaic solar panels.
- ARAUCO (formerly Flakeboard Company) - a world-scale producer of composite wood products.
- Ellsin Environmental - operates a cutting-edge tire recycling facility. Using a patented technology, the process breaks down tires to their original elements: steel, oil and carbon black.
Sutherland Global Services - a global leader in business-process outsourcing.