Local Auto And Manufacturing Businesses Receive Government Funding

Tuesday January 21st, 2020

Posted at 7:26pm

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The Ontario Government announced the investment of $2,086,838 from the Southwestern Ontario Development Fund to support five businesses in Windsor and Essex County.

Precision Stamping Group will receive $813,750 to invest in innovative technology for the automotive stamping industry to produce the next generation of high-strength steel products and technologies that can make vehicles lighter, fuel efficient, safer and more environmentally friendly. The project will create 20 new jobs and is expected to be completed by August 2021.

APAG Elektronik Corp. will see $499,541 for the company to build its first production plant in North America. The project consists of adding production lines, research and development and distribution capacity, and investing in new equipment to serve the North American market. The project will create 134 new jobs and is expected to be completed by March 2024.

Universal Fabricating Inc. will receive $295,462 for the company to expand its building by 21,600 square feet, doubling in size, to allow the company to install new equipment and boost production. This will help increase production by about 43% and reduce production time by 40%. The project will create 13 new jobs and is expected to be completed by October 2022.

Global Pack Packaging Solutions Inc. is going to get $292,875 for the company to expand its facility to accommodate increased demand for rigid plastic packaging products manufactured from post consumer recycled plastic. The company will invest in new automated manufacturing equipment to triple its production capacity, introduce advanced processing technology, such as rapid prototyping, and make more environmentally friendly packaging. Global Pack Packaging Solutions provides the fresh produce and food processing industries with recyclable packaging products, including a wide range of containers for fruits and other produce, as well as deli and bakery packaging. The project will create 15 new jobs and is expected to be completed by October 2022.

Laval Tool & Mould Ltd. is going to receive $185,210 for the company to diversify its product and services offerings, helping the company manufacture larger and more complex products, including insulated parts for aerospace applications. The project is expected to increase productivity, shorten lead times, and bring a range of service capacity under one roof. The project will create 12 new jobs and is expected to be completed by December 2023.

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