Ontario manufacturers to get $1.1M boost from province’s development fund

TORONTO—Several days after investing nearly $2 million in three Cambridge, Ont. manufacturers, the province’s Southwestern Ontario Development Fund has announced a further $1.1 million investment into three different Ontario businesses.

The province will invest $440,900 into Walinga Inc.’s expansion of its Guelph and Fergus, Ont. operations, a project that will create 25 new full-time jobs and retain 177 others over four years.

Canada Tubeform has also secured a partnership from the Ontario government. Its London, Ont. plant will create 10 new jobs and retain 46 positions with the help of a $282,000 infusion from the SWODF. The funds will go toward a $3.77 million project to develop and purchase new equipment that will allow the company to fill orders from Honda, GM and Chrysler.

Read more at canadianmanufacturing.com

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