Ontario is positioned to become a leader in advanced marine technologies. Not only do Ontario-based companies have access to skilled employees, but our proximity to the Great Lakes region supports better product testing and commercialization opportunities. The government realizes this opportunity and has begun investing in marine technology companies. On November 8, 2016, the Ontario…
After 52 years in business, Cambridge Towel is expected to close its doors on November 30, 2016. The closure means that 120 unionized and 40 non-unionized jobs will be lost. After losing a major contract with Walmart in March 2016, the textile manufacturer faced financial pressure and has recently entered bankruptcy protection. Cambridge Towel understood the difficulties…
BioAmber Inc. is a Montreal-based manufacturer of renewable biochemicals including bio-succinic acid, a building block chemical made from corn syrup. The company uses naturally-occurring sugars found in plant matter and transforms them into clean, green chemicals. Some of the products made from biochemical compounds include food flavour and additives, personal care products, adhesives, paints, and…
Dajcor Aluminum Ltd. engineers and manufacturers extruded and fabricated metal components. Their products are used for a range of industries, including the automotive, construction, marine, and indoor plumbing sectors. The Chatham-Kent, Ontario-based business has been in operations since 2010 and now maintains 140 employees. The aluminum manufacturer was recently announced as recipients of over $1…
Sodecia Canada, a globally leading automotive manufacturer, is in the process of expanding their operations in London Ontario. As part of the organization’s growth strategy, Sodecia is investing in a new production facility that will greatly expand their capabilities and ability to support the global automotive market. Sodecia Canada recently partnered with Mentor Works to…
Attracting investments are a key component of any government funding program, and are especially a focus within the Province of Ontario. The Ontario government leverages Ontario government grants to support businesses’ strategic priorities, such as making capital investments, and for good reason: attracting investment is a long-term strategy that helps competitive, innovative businesses grow domestically….
Automotive businesses are heavily incentivized by all levels of government to promote critical large-scale investments. There are several small business grants and loans that automotive manufacturers can apply for, including the popular Southwestern Ontario Development Fund (SWODF). SWODF is a catalyst for business investment in Ontario and recently provided government grants to seven automotive manufacturers…
Brotech Precision CNC is a custom manufacturer of Computer Numeric Control (CNC) precision-machined metal components. Since 1995, the company has been a valued supplier to some of the world’s most innovative businesses in the aerospace, medical, military, and the energy industries. The manufacturer was recently announced as recipients of Ontario government funding through the Southwestern…
Ferrero International is the world’s third-largest manufacturer and distributor of confectionary goods. The company, best known for their chocolate treats, has an expansive network of 22 manufacturing facilities worldwide including Canadian operations in Brantford, Ontario. Ferrero Rocher, Nutella, Tic Tac, and Kinder Surprise are just some of the products made there. The company’s Canadian subsidiary,…
Kromet International is a leading engineer and manufacturer of finished metal components and assemblies. Their range of customized products serve the household appliance, automotive, LED lighting, health care, furniture, and transportation industries. As a multi-continent manufacturing network, the company provides low-cost manufacturing capabilities in addition to local, specialized support. For over 45 years the business…