Ontario Making Cambridge Open for Business
Province Supporting Local Businesses to Strengthen Advanced Manufacturing Sector, Create Jobs
CAMBRIDGE — The Ontario government is helping businesses create good jobs in Cambridge by investing in the region's advanced manufacturing sector.
Today, Victor Fedeli, Minister of Economic Development, Job Creation and Trade, announced that 80 new jobs are being created and 445 positions are being retained at ATS Automation Tooling Systems Inc. as Ontario invests $1.5 million from the Southwestern Ontario Development Fund.
"Our government has been working hard to create the best conditions for businesses and job creators," said Minister Fedeli. "That is why we are supporting forward thinking companies like ATS Automation through the Southwestern Ontario Development Fund. Through our continued commitment to supporting key sectors like advanced manufacturing in regional communities, we are helping make Ontario open for business and open for jobs."
With Ontario's support, ATS Automation Tooling Systems will expand its 122,000 square foot facility and create a dedicated space to house the Innovation Centre for the company's life sciences division.
This will support development of new products and variations on existing products, as well as advancements in augmented reality servicing, autonomous intelligent vehicles fleet management, and artificial intelligence machine control.
According to Stokes Economics, eastern and southwestern Ontario accounted for over $184 billion or more than 23 per cent of Ontario's economy in 2018. The Ontario government is committed to growing Ontario's regional economy and creating good jobs in communities right across the province.
ATS Automation Tooling Systems Inc. is a leading automation solutions provider headquartered in Cambridge. With over 20 manufacturing facilities and 50 offices across North America, Europe and Asia, the company provides automation technology and solutions to leading global manufacturers in sectors including, life sciences, transportation and energy.
- Ontario recently launched the Regional Development Program, which is part of the government’s business supports transformation initiative, one of five key recently announced priority Smart Initiatives. The program is part of the government's plan to build Ontario together through smarter government and by protecting core programs and services.
- There are over 470,000 small businesses (with 1-99 employees) in Ontario, accounting for almost 98 per cent of all businesses in the province.
- Ontario has over 10,000 businesses with 100 or more employees that account for roughly two per cent of the province’s businesses.
- Since June 2018, employment in Ontario has risen by 307,800.