Ontario government helps Woodstock auto parts plant expand
August 26, 2013 by Manufacturing AUTOMATION
The Ontario government has partnered with NASG Canada, Inc. to expand the company’s Woodstock auto parts plant, creating 50 new advanced manufacturing jobs, while keeping 210 more in the community.
Support from the Southwestern Ontario Development Fund is helping NASG expand its plant and invest in innovative equipment that will increase its productivity and drive research and development. As a result of its expansion, NASG will be able to grow its tool and die capacity and develop new products using non-traditional materials, reducing vehicle emissions down the line.
Modelled on the proven Eastern Ontario Development Fund—which has helped create and protect more than 14,600 jobs—the Southwestern Ontario Development Fund is helping to create jobs and diversify the economy by encouraging regional businesses to pursue innovation and new markets.
“Our government is proud to partner with NASG, a leader in Ontario’s thriving auto parts industry,” said Dr. Eric Hoskins, minister of Economic Development, Trade and Employment. “NASG’s commitment to innovation, productivity and trade is helping to create Ontario’s advanced manufacturing products—and jobs—of the future.”
“We’re delighted to expand NASG from our successful Woodstock base,” said Fred Gehring, general manager, NASG Canada, Inc. “This project will help strengthen our foothold in the continent’s auto supply chain, while creating more local manufacturing jobs in this great community.”