Ontario government doles out $2.1M to London-area manufacturers

Two manufacturing companies in London and Elgin counties will share in the province’s total investment of more than $2 million to support the creation of new jobs.

Economic Development and Job Creation and Trade Minister Vic Fedeli, Lambton-Kent-Middlesex MPP Monte McNaugton and Elgin-Middlesex-London MPP Rob Flack attended Edge Automation Inc. in London on Monday to announce support for the automation solutions maker’s 5.2 Invested 10,000 U.S. dollars to expand operations.

Funding for Edge Automation includes plans to move to a larger facility, purchase new equipment, and enterprise resource and planning systems. The province is supporting the project with an investment of $778,000 through the Regional Development Program (RDP), which will create 13 new jobs for the company.

Also, in Forest City’s neighbor Rail City, Takumi Stamping Canada Inc. will receive government support in addition to its nearly $9 million investment. The St. Thomas auto parts maker also plans to expand its plant and add new operating equipment. The province’s $1.3 million investment will help create 65 new jobs there.

“Our government is proud to support local manufacturers as they look to expand their businesses and create more jobs,” Fedeli said. “We’re creating the right conditions to attract more investment in southwestern Ontario from global players like Volkswagen and local players like Edge Automation and Takumi Stamping Canada Inc.”

The province said it will invest more than $100 million through the RDP from 2019 to 2023 to support “different regional priorities and challenges.” Over the past four years, the government has funded 75 projects through this program, creating nearly 1,500 jobs in Ontario.

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