AYR, Ont.—The Ontario government has announced investment funds for three manufacturers located southeast of Toronto.
Nearly $6 million has been earmarked to support expansions at Bend All Automotive, SOPREMA Canada and Hino Motors Canada plants located in Ayr and Woodstock, Ont.
Kathryn McGarry, MPP for Cambridge, was at Bend All’s plant in Ayr last week to make the announcement.
The auto tooling and components manufacturer is spending approximately $13 million to install a new aluminum production line, as well as new tube processing equipment. The provincial contribution will cover $1.5 in project costs. The work is expected to be complete by December 2020 and will create 30 new jobs at the plant.
Hino Motors Canada is also embarking on a multimillion-dollar project. The heavy truck maker and Toyota subsidiary will spend $3.8 million over the next four years to buy new equipment that will allow it to assemble a new range of trucks. The company is set to receive $283,200 from the province for the work that will create 10 new jobs at its Woodstock site.
Along with the two auto industry manufacturers, SOPREMA Canada, which produces waterproofing and insulation products, is planning to build a new plant in Woodstock. The 107,000 sq. ft. facility will make SBS modified bitumen membrane—a material used in roof construction and waterproofing. The project is expected to create 50 new jobs and will get $3.7 million from the Ontario government’s Southwestern Ontario Development Fund. The total cost of the new plant was not disclosed.