MPP McMeekin announced a 1.3 million investment in FibraCast Ltd, an Ancaster based technology company which turns waste water into clean water, prompting an expansion of the company which will include 70 new jobs in Ancaster.

The Ancaster-based company has developed an innovative membrane technology for purifying drinking water and treating wastewater that costs less than half as much to produce as competing products. As Fibracast’s new purification system will be significantly less expensive than most non-membrane filtration technologies, it could become a product of choice for drinking water filtration, wastewater treatment, and industrial pure-water treatment.

FibraCast is located at 1480 Sandhill Dr. in Ancaster’s Business Park.