GUELPH, Ont.—Starlim North America and Poly-Nova Technologies Ltd. will receive $1.5 million from the government of Ontario’s Southwestern Development Fund as part of a $20 million investment in new machinery and equipment.
The two firms, located in London and Guelph respectively are both owned by Austrian silicon giant, Starlim/Sterner. They each manufacture rubber and silicon products for the automotive, healthcare, electronics and sanitation industries.
“We are pleased to make a significant investment in Southwestern Ontario with the expansion of our production facility in London and the facility and equipment upgrades being made at our Guelph plant,” Vijai Lakshmikanthan, vice-president of the company’s Ontario operations, said. “Our company chose to expand in Ontario over other locations in the world. There are many reasons for our decision including that Guelph and London provide great access to North American and Asian markets, good transportation infrastructure and a skilled workforce.”
The upgrade project will create 24 new jobs as the firm’s London facility invests in new production bays and injection molding machines and Poly-Nova in Guelph upgrades its processes and improves energy efficiency.
“Our government is committed to strategic partnerships like these, which help create manufacturing jobs in London and Guelph. We are pleased when forward-thinking companies like Starlim choose to grow their business in Ontario,” Brad Duguid, Ontario’s Minister of Economic Development, Employment and Infrastructure, said.