LONDON, ONT. – Local manufacturers and supply chains in southwestern Ontario are getting a boost from FedDev Ontario.
The announcement was made by Bryan May, Parliamentary Secretary to the Minister for Small Business and to the Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario); Arielle Kayabaga, MP for London West; and Peter Fragiskatos, Parliamentary Secretary to the Minister of Housing, Infrastructure and Communities and MP for London North Centre on behalf of Filomena Tassi, minister responsible for FedDev Ontario at Edge Automation Inc., a local manufacturer of automated assembly and testing machinery for the woodworking, automotive and consumer goods sector.
A combined repayable investment of $7.7 million was announced for six southwestern Ontario manufacturers; Edge Automation Inc., MTO Metal Products Ltd., New-Form Tools Ltd., Roden Manufacturing, Tradeline Products Inc. and UE Enclosures, that are working to scale up, meet increased demand for made-in-Canada products, and contribute to a stronger economy in southwestern Ontario, Canada and beyond.
With a $1,184,050 repayable investment, London-based Edge Automation will establish a first-of-its-kind woodworking robotics manufacturing facility to help meet the growing demand for automated solutions in the sector. The company will also increase productivity and expand its U.S. market presence.
MTO Metal Products is receiving $1,077,486. The repayable investment will help the Woodstock-based company increase its manufacturing capabilities with the adoption of advanced manufacturing equipment. As a result, the company will be able to meet the growing demands for electrification from its clients, including those in the construction equipment industry.
Tradeline Products is receiving a $1,000,000 repayable investment to help the London-based company to expand its manufacturing capabilities to address the needs of customers in the automotive and heavy equipment sectors. As a result, the company will be able to pursue new business growth opportunities for its metal fabrications, including in the U.S. market.
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