$125-million manufacturing boost to create 153 new jobs
The Windsor-Essex manufacturing sector is getting a $125-million boost and 153 new jobs with the expansion of four companies.
This includes a $60 million investment from DS Actimo Canada, to build a new facility to manufacture components for electric vehicle (EV) batteries.
“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,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “As we position Ontario as one of the best jurisdictions in the world for companies to invest and grow, our government is proud to support local businesses as they expand and create new jobs in communities across the province.”
In support of these four new investments, Ontario is providing the companies with nearly $12 million in investments through the province’s Regional Development Program.
The recipients are:
DS Actimo Canada (formerly DS C&K Inc.), a subsidiary of South Korea-based DSEV, is investing over $60 million to build a 107,000 square-foot facility in Windsor, marking the company’s first manufacturing plant in North America. The plant will manufacture 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. The project is supported by $5 million in funding through the RDP and will create 96 new jobs.
"Our new facility in Windsor represents our expansion into the North American marketplace for our production of components for EV batteries," said Chunbok Choi, CEO, DS Actimo Canada.
Kautex Textron is a plastic fuel tank manufacturer in Windsor serving the automotive industry, and is the only plastic fuel tank manufacturer in Canada. With an investment of almost $23 million, the company is building a new battery skid plate manufacturing facility to produce battery casings for EVs using advanced composite materials. The project is supported by $1.5 million in funding through the RDP and will create 12 new jobs.
"The grant we received from the Ontario government allowed us to build an entirely new line for our newest product, Pentatonic Underbody Protection. We’re grateful for the opportunity to expand and succeed within the Windsor, Ontario community," said Eric Cardinali, COO, Kautex Textron.
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. With an investment of over $15.6 million, the company will 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.
"This investment was made based on the complete confidence we have in our team to execute and take full advantage of this technology. It demonstrates our commitment to the future,” said Paul DiGiovanni, Team Principal, Integrity.
Highbury Canco Corp. produces a variety of food products, including pasta sauce, salsa and beans for large brands. With an investment of over $26.5 million, the company will modernize their facility and increase their processing and warehouse capacity. The project is supported by more than $3.1 million in funding through the RDP and will create 20 new jobs.
Ontario is investing $150 million through its Regional Development Program 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.
"We are thankful for the support from the provincial government which will allow our company to modernize our facility and increase our processing capacity,” said John Krueger Vice President, Supply Chain, Highbury Canco Corp.
The next intake round for RDP applications opens on April 11, 2024.
CTVNews.ca Top Stories
Grandparents killed in wrong-way crash on Hwy. 401 identified
A 60-year-old man and a 55-year-old woman killed in a wrong-way crash on Highway 401 earlier this week have been identified by the Consulate General of India in Toronto.
Police arrest 3 Indian nationals in killing of B.C. Sikh activist Hardeep Singh Nijjar
Three people have been arrested and charged in the killing of B.C. Sikh activist Hardeep Singh Nijjar – as authorities continue investigating potential connections to the Indian government.
Suter scores late goal, clinches series for Canucks
Pius Suter scored with 1:39 left and the Vancouver Canucks advanced to the second round of the NHL playoffs with a 1-0 victory over the Nashville Predators on Friday night in Game 6.
TD worst-case scenario more likely after drug money laundering allegations: analyst
TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits.
Quebec man who threatened Trudeau, Legault online sentenced to 20 months in jail
A Quebec man who pleaded guilty to threatening Prime Minister Justin Trudeau and Premier François Legault has been sentenced to 20 months in jail.
Human remains found in rural Sask. possibly a decade old, RCMP say
RCMP say human remains found in a rural area in central Saskatchewan may have been there for a decade or more.
Britney Spears 'home and safe' after paramedics responded to an incident at the Chateau Marmont, source tells CNN
A source close to singer Britney Spears tells CNN that the pop star is 'home and safe' after she had a 'major fight' with her boyfriend on Wednesday night at the Chateau Marmont in West Hollywood.
Canadian doctor concerned new weight-loss drug Wegovy may be used inappropriately
As Wegovy becomes available to Canadians starting Monday, a medical expert is cautioning patients wanting to use the drug to lose weight that no medication is a ''magic bullet,' and the new medication is meant particularly for people who meet certain criteria related to obesity and weight.
Drew Carey is never quitting 'The Price Is Right'
Drew Carey took over as host of 'The Price Is Right' and hopes he’s there for life. 'I'm not going anywhere,' he told 'Entertainment Tonight' of the job he took over from longtime host Bob Barker in 2007.