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Ontario Supporting New Jobs and Growth in Stratford Region

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Ontario Supporting New Jobs and Growth in Stratford Region

Province Partners with Local Companies to Support Nearly 700 Jobs

Small Business

Ontario is partnering with Atwood Heritage Processing Inc., C.R. Plastic Products Inc., FIO Automotive Canada and Hayashi Canada Inc. to help the companies create 71 new jobs and retain 610 existing positions in Stratford and Perth County. 

Liz Sandals, MPP for Guelph, made the announcement today at C.R. Plastic Products Inc. in Stratford on behalf of Jeff Leal, Minister Responsible for Small Business.

Atwood Heritage Processing Inc., in Atwood, is a meat processing company specializing in ready-to-eat dry cured meats. It has two product lines - a dry cured fermented summer sausage and pepperettes.

With support from the Southwestern Ontario Development Fund, Atwood Heritage Processing is building a new 6,800 square foot plant and purchasing new production equipment. These enhancements will help the company double its annual production and provide new services to its customers, including an online store.

C.R. Plastic Products Inc., in Stratford, is a manufacturer and distributor of outdoor furniture. It produces premium outdoor casual furniture made from up to 100 per cent recycled plastic.

With support from the Southwestern Ontario Development Fund, C.R. Plastic Products is investing in new equipment, including a proprietary robotic assembly line. These enhancements will help the company increase productivity, expand its product line and enhance its global competitiveness, which will allow it to expand into new markets.

FIO Automotive Canada Corporation, a subsidiary of Futaba Industrial Company Ltd. of Japan, is an automotive body parts supplier. It operates a manufacturing plant in Stratford that makes stamped metal parts and welded assemblies exclusively for the Toyota group.

With support from the Southwestern Ontario Development Fund, the company is purchasing automated guided vehicles to transport materials and is designing, manufacturing and installing automated welding equipment. These enhancements will help the company increase productivity and help transfer its employees to higher skilled jobs.

Hayashi Canada Inc., a subsidiary of Hayashi Telempu North America Corporation, is an automotive parts manufacturer that supplies interior trim parts to Toyota and Honda.

With support from the Southwestern Ontario Development Fund, the company is purchasing new equipment and expanding its manufacturing facility in Stratford. These enhancements will help the company increase productivity and increase cost efficiencies.

Supporting business investment in southwest Ontario is part of Ontario's plan to create fairness and opportunity during this period of rapid economic change. The plan includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.

Quick Facts

  • Atwood Heritage Processing Inc project: Ontario is investing $140,850 from the Southwestern Ontario Development Fund, supporting an additional investment of $1.36 million from Atwood Heritage Processing. The project will create 10 new jobs, help to retain 11 existing positions and is expected to be completed by September 2020.
  • C.R. Plastic Products Inc. project: Ontario is investing $785,139 from the Southwestern Ontario Development Fund, supporting an additional investment of $5.25 million from C.R. Plastic Products. The project will create 12 new jobs, help to retain 143 existing positions and is expected to be completed by December 2019.
  • FIO Automotive Canada Corporation project: Ontario is investing $980,000 from the Southwestern Ontario Development Fund, supporting an additional investment of $8.82 million from FIO Automotive Canada. The project will create 35 new jobs, help to retain 310 existing positions and is expected to be completed by March 2019.
  • Hayashi Canada Inc. project: Ontario is investing $662,170 from the Southwestern Ontario Development Fund, supporting an additional investment of $7.6 million from Hayashi Canada. The project will create 14 jobs, help to retain 146 existing positions and is expected to be completed in March 2021.
  • Since 2013, the Southwestern Ontario Development Fund and Eastern Ontario Development Fund have helped to create and retain 48,000 jobs and have attracted approximately $2.3 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.
  • 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, $650-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.

Additional Resources

Quotes

“Our partnerships with these innovative local companies are helping them expand their operations and create good jobs in Stratford and Perth County. Supporting the food processing and advanced manufacturing sectors in southwestern Ontario is a key priority of our government, helping local communities thrive and grow.”

Jeff Leal

Minister Responsible for Small Business

“Regional investments through the Southwestern Ontario Development Fund help spur innovation and strengthen our local economy. We are pleased to support these forward-thinking companies grow their businesses, which will create jobs for the hard-working people in Stratford and Perth County while helping the province stay competitive.”

Liz Sandals

MPP for Guelph

“We are excited to partner with the Ontario government on this project as we expand our business. This significant investment will help C.R. Plastic Products improve our production capacity to meet increasing customer demand, so we can continue to compete globally.”

Bruce Ballantyne

VP Finance & Administration, C.R. Plastic Products Inc.

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