Ontario Supports Safety Systems Innovation
McGuinty Government Works With Hawkesbury Business To Create Jobs
Ontario supports eastern Ontario businesses that create jobs and build on the province's competitiveness.
Tulmar Safety Systems Inc. in Hawkesbury is designing new safety systems for the aerospace and defence industries, which will open up export opportunities overseas and potentially increase sales by 15 per cent.
The Ontario government is investing $101,625 under the Eastern Ontario Development Fund to assist with this product expansion. The growing company will create 12 new jobs and upgrade three current ones over five years.
Partnering with business is a key component of the government's five-point economic plan to grow the economy.
- Tulmar Safety Systems is a fully integrated manufacturer and distributor of engineered protective solutions for the aerospace, defence and security industries. Tulmar employs over 90 employees at its Hawkesbury location.
- In 2007, eastern Ontario's Gross Domestic Product was nearly $66 billion, representing 11% of the provincial total.
- Ontario's highly innovative aerospace industry is the 5th largest in the world, with 350 companies generating nearly $6 billion in sales annually.
“Tulmar Safety Systems is a great Eastern Ontario company that is expanding its opportunities overseas and giving the local economy a jump start in the process. The McGuinty government recognizes the importance of jumping in and jump starting businesses in order for them to jump ahead of the competition.”
“Eastern Ontario companies like Tulmar Safety Systems add value to the province's economic diversity and competitiveness. Excellence in product development builds not only Ontario's, but also our country's profile internationally.”
“We're thrilled about the government's support of our product expansion plans and encouraged by the sales potential and benefits this means to us and the community.”