Ontario Partnering with Mitchell Plastics to Create Jobs
Province Investing in Advanced Manufacturing in Kitchener
Ontario is partnering with Mitchell Plastics to invest in new technologies and grow its business, creating 62 new jobs and retaining 560 positions in Kitchener.
Mitchell Plastics makes functional and decorative auto interior parts, such as air registers, painted and decorated interior trim, mechanisms and storage devices, floor consoles and overhead consoles. With $1.5 million in support from the Southwestern Ontario Development Fund, the company is adding 79,000 square feet to its facility to set up a new technical centre. The centre will focus on product development and R&D, and house two new technologies for UV coating and UV inkjet printing. Both technologies are used to produce high-gloss, scratch-resistant finishes that are applied to automotive interior parts.
These enhancements will boost Mitchell Plastics' market competitiveness and position the company as a leading, large-scale North American producer of UV coating and UV inkjet printing, which require a high level of technical skill and cutting edge equipment. The project has a total value of just over $13.4 million and is scheduled for completion in the spring of 2020.
The Southwestern Ontario Development Fund is helping to create jobs and diversify the economy by encouraging regional businesses to pursue innovation and new markets. It was modelled on the proven Eastern Ontario Development Fund. Together these two funds are helping to create and retain more than 44,000 jobs and attract approximately $2 billion in investment.
The funds cover up to 15 per cent of eligible project costs, with the recipient company funding the remainder from its own resources. This leveraging of private sector investment provides enhanced value for taxpayers.
Attracting new investment to Southwestern Ontario is part of the government's economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario's history and is investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
- Vehicle assembly and auto parts production directly supports more than 100,000 jobs in Ontario, with hundreds of thousands more spin-off jobs across the province.
- Since October 2012, Ontario has committed to invest over $100 million through the Southwestern Ontario Development Fund, leveraging private-sector investment of more than $1.2 billion. These investments are helping to create and retain approximately 25,500 jobs.
- Ontario is accepting applications for the Southwestern Ontario Development Fund from qualified businesses that are growing and creating jobs. Sectors eligible for the fund include advanced manufacturing, food processing, life sciences, information and communications technology, tourism and cultural industries.
- Ontario’s five-year, $400-million Business Growth Initiative is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale-up and modernizing regulations for businesses.
“Our government is pleased to partner with Mitchell Plastics to expand their business and enhance the competitiveness of their facility. This investment will expand the company’s footprint and ensure that it remains a significant economic driver and employer in the Kitchener area.”
“Forward-thinking companies like Mitchell Plastics are essential to the success of our province’s manufacturing sector. The Southwestern Ontario Development Fund is delivering targeted, strategic support to help Ontario businesses solidify and grow their competitive advantage.”
“Advanced manufacturing is a key sector for Ontario’s economy, and partnering on expansions like this one are important opportunities for the province. Mitchell Plastics is a major employer in Kitchener and a leader in the province’s advanced manufacturing sector. Ontario’s support will help the company enhance production, create jobs and increase its global competitiveness.”
“We are proud to partner with the government of Ontario on this expansion project. Our company has thrived through constant innovation of our products and processes. This would not be possible without the highly skilled workforce we have here in Ontario. Through education and training, state of the art equipment, and research and development we are able to provide our customers with industry-leading products that answer the challenges of the marketplace. In doing so, we also create new wealth and contribute to Ontario’s economy.”