An Ancaster manufacturer has received a $10-million forgivable loan from the federal government to scale up water treatment technology developed in Hamilton.

Fibracast developed its membrane technology for waste water treatment on a $1.3-million forgivable loan from the provincial government, given to the company in 2012.

Friday's loan is from the Federal Economic Development Agency for Southern Ontario, through its Advanced Manufacturing Fund. Minister of State Gary Goodyear and Ancaster-Dundas-Flamborough-Westdale MP David Sweet were on hand to present the loan.

The total cost of the project from Fibracast is $20-million, which the company says will bring 65 jobs to the city, including 15 permanent "highly skilled" positions.