Ontario polymer manufacturer commits $1.7M to plant expansion
October 31, 2017 | By Manufacturing AUTOMATION
Oct. 30, 2017 – An Ontario manufacturer that makes polymers and resins for the automotive and aerospace coatings, ink and plastics industries has announced a $1.7-million expansion project for its plant just south of Guelph, Ont.
HP Polymers, a subsidiary of U.S.-based Whitford Corp., plans to use the funds buy new equipment to increase capacity and add to its product lineup. It will invest nearly $1.5 million in the project, while the Ontario government will invest $257,200.
The project is expected to create five new jobs in Puslinch, Ont.
“Our new state-of-the-art equipment will help produce higher quality products at an increased speed and capacity,” Michael Coates, managing director for North America. “This, with the new jobs the investment generates, will help take our company to the next level servicing our customers in Ontario and beyond.”
- Cascades invests $21M to expand two Quebec plants
- China’s October factory growth cools as output weakens