Ontario government invests $6.7 million to boost local manufacturing in Niagara Region
January 18, 2024
By Manufacturing AUTOMATION
The Ontario government is offering investment support of $6.7 million in total to three manufacturers in the Niagara Region to boost local manufacturing. The companies are investing $65 million with the province’s help to improve their production capabilities.
“The Niagara Region is home to a robust manufacturing community, and thanks to their continued growth and investment, we can be confident that our targeted approach to fostering stability and growth across our economy is working,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Our government is proud to support local businesses as they expand and create new jobs in communities across the province.”
The recipients include the following:
AMSI Inc. designs and constructs e-houses, a prefabricated building that houses electrical equipment for a wide range of industries including power generation, mining, industrial automation, hydro and electrical distribution, oil and gas, public transportation, biomass and the environmental sectors. The company will invest about $20 million to construct a new 67,000 square-foot manufacturing facility to improve manufacturing processes for large, complex equipment that will increase productivity and growth. The project is supported by $2.1 million in funding through the RDP and will create nine new jobs.
Stanpac Inc. manufactures dairy, food and beverage packaging for businesses around the world. With an investment of over $35 million in advanced equipment, robotics, and upgrades, Stanpac will increase the efficiency of its facility in Smithville, including creating a machine shop to service all machinery in-house. The project is supported by more than $3.3 million in funding through the RDP and will create 30 new jobs.
St. David’s Cold Storage, a company that provides cold, freezer and ambient storage solutions to food and beverage manufacturers, is investing $9 million to expand its facility and double its refrigerated storage space. The project is supported by over $1.3 million in funding through the RDP and will create seven new jobs for recent graduates and local young professionals.
“Niagara has long been a manufacturing powerhouse, employing tens of thousands of people in the automotive, paper, steel, hydroelectric and food processing sectors,” said Sam Oosterhoff, Member of Provincial Parliament for Niagara West. “Our government is continuing to support this manufacturing legacy with strategic investments through the Regional Development Program, ensuring Niagara remains a top destination for jobs and talent well into the future.”
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