Windsor. Image credit: Unsplash/Lenny Kuhne
Windsor/CMEDIA: Four companies in Windsor and Leamington are reportedly being supported with $125 million in investments by the Ontario government to expand local manufacturing capacity in the automotive and food processing sectors while creating 153 new jobs.
Included in this investment is a $60 million from DS Actimo Canada, to build a new facility to manufacture components for electric vehicle (EV) batteries.
In addition, Ontario is providing the companies with nearly $12 million in investments through the province’s Regional Development Program (RDP).
“Windsor and Leamington have a proud history of manufacturing excellence, and thanks to continued investment in the region, we are confident that our targeted approach to fostering stability and growth across our economy is working,”
“As we position Ontario as one of the best jurisdictions in the world for companies to invest and grow…proud to support local businesses as they expand and create new jobs in communities across the province, said Vic Fedeli, Minister of Economic Development, Job Creation and Trade.
The recipients include:
- DS Actimo Canada (formerly DS C&K Inc.), a subsidiary of South Korea-based DSEV with an investment over $60 million to build a 107,000 square-foot facility in Windsor, marking the company’s first manufacturing plant in North America to produce battery cell module cases with wiring components for EV batteries, including those to be produced at NextStar Energy Inc.’s $5 billion EV battery manufacturing plant. To support this project, $5 million in funding is being done through the RDP to create 96 new jobs.
Kautex Textron is a plastic fuel tank manufacturer in Windsor serving the automotive industry, and is the only plastic fuel tank manufacturer in Canada. By investmenting almost $23 million, the company would build a new battery skid plate manufacturing facility to produce battery casings for EVs using advanced composite materials. RDP will support this project by $1.5 million in funding and to create 12 new jobs.
Integrity Tool & Mold Inc. is a global leader in the tool and mold industry that supplies parts to a wide range of industries, including those in the automotive supply chain is investing over $15.6 million to adopt state-of-the-art technology at their new Windsor facility to increase their production capacity. The project is supported by over $2.3 million in funding through the RDP and will create 25 new jobs.
Highbury Canco Corp. producer of a variety of food products, including pasta sauce, salsa and beans for large brands is investmenting over $26.5 million to modernize their facility and increase their processing and warehouse capacity. With a support of over $3.1 million in funding through the RDP, the project will create 20 new jobs.
Ontario is also investing $150 million through its RDP to help manufacturers across the province grow while supporting distinct regional priorities. To date, Ontario has supported more than 110 projects through the program, leveraging more than $1.6 billion in new investments and helping to create over 3,000 jobs.