Ontario Supporting Advanced Manufacturing in Barrie
Province Partnering with Innovative Automation Inc. to Support Over 130 Jobs
Ontario is partnering with Innovative Automation Inc. to help the company create 29 new jobs and retain 102 existing positions in Barrie.
Steven Del Duca, Minister of Economic Development and Growth, made the announcement today at Innovative Automation on behalf of Jeff Leal, Minister Responsible for Small Business.
Innovative Automation Inc. designs and builds automated assembly, welding and robotics equipment used in the automotive, consumer goods and medical devices sectors.
With support from the Southwestern Ontario Development Fund, Innovative Automation is investing in new engineering and design software and industry-leading production equipment to be housed in a new, purpose-built 62,300 square foot manufacturing facility. These investments will enable the company to take on larger, more complex projects, increase competitiveness and grow its business.
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.
- Ontario is investing $206,400 from the Southwestern Ontario Development Fund, supporting an additional investment of $10,562,600 from Innovative Automation Inc. The project will create 29 new jobs, help to retain 102 existing positions and is expected to be completed by September 2020.
- 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.
- Since 2013, the Southwestern Ontario Development Fund has committed support of over $163 million, helping to create and retain around 41,000 jobs and leveraging over $1.92 billion in total investments.
- 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.
“Our government is partnering with Innovative Automation to help this ambitious and forward-looking company grow and create good jobs in Barrie, part of our commitment to support Ontario’s advanced manufacturing sector and strengthen our province’s global competitiveness.”
“To build a competitive economy in 2018, you need businesses with a great product, created by talented workers and inspired by visionary business leaders. Innovative Automation checks off all these boxes — and more — which is why we’re so pleased to partner with them. And we’re also helping to drive the next generation of innovation and growth by making sure Ontario has the science, technology, engineering and mathematics (STEM) graduates businesses need to find home-grown talent.”
“Innovative Automation Inc. is a valued member of Barrie’s manufacturing community and our government is pleased to support this project that will help the company grow, create jobs and strengthen the local economy.”
“With our new facility and technology investments, Innovative Automation enters an exciting new chapter. Our skilled and growing team looks forward to offering our customers even greater innovation and flexibility as we remain true to our vision to be the provider of choice for automation solutions to global leaders in manufacturing.”