TORONTO—The Ontario government is providing Vaughan, Ont., manufacturer Vision Extrusion Group $1.5 million to invest in new technologies and machinery, creating 76 new jobs and retaining more than 500 positions
“Today’s announcement is great news for the residents of Vaughan and the region as a whole. Ontario’s manufacturing sector must continue to invest in technology and innovation to stay ahead in a fiercely competitive global market,” said Steven Del Duca, provincial minister of Economic Development and Growth.
The firm is upgrading its machinery and investing in new technologies to automate production and reduce waste. The upgrades are expected to cost $18.2 million total and be completed by December 2022.
Vision Extrusion Group produces a range of building products, transforming plastic polymers into window frames, doors, fencing and railings.
“The investment we are announcing today continues the ongoing evolution of our company as a leader in the manufacturing of building products. By further building our skilled team and adding to our technical capabilities, Vision Extrusion Group can offer even greater innovation and flexibility for our valued customers,” said Vic De Zen, CEO, Vision Extrusion Group.