EcoPoly Properties Inc. invests over $32M in manufacturing
by CM Staff
Their investment will enhance the company’s existing facility in Orillia and create 85 new jobs for local workers.
PHOTO: Getty Images/andresr
ORILLIA — The Ontario government says they are welcoming an investment of over $32 million by EcoPoly Properties Inc., a producer and supplier of plastic products, including films and bags for flexible packaging. Their investment will enhance the company’s existing facility in Orillia and create 85 new jobs for local workers.
“Through the Regional Development Program, our government is fostering the right conditions for manufacturers to expand their operations and create more good-paying jobs in communities across the province,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “We are proud to support the growth of local manufacturers like EcoPoly Properties Inc. and thank them for strengthening their presence in Ontario.”
As a plastics laboratory and manufacturing facility, EcoPoly Properties Inc. produces biodegradable plastic products that service a wide range of industries. The company’s investment will be used to acquire new equipment and automation that will increase their current production capacity and competitiveness in the North American market.
In support of EcoPoly Properties’ investment, Ontario is providing more than $3.5 million in funding through the Southwestern Ontario Development Fund (SWODF) of the Regional Development Program.
“We are proud to be a Canadian company that has been innovating and growing since our founding in 1991,” said Bryon Wolff, Chief Technology Officer of EcoPoly Properties Inc. “Starting from scratch in a small town in Ontario and becoming competitive globally is a truly amazing accomplishment and a testament to our people. The support we have received from the SWODF has been instrumental in the implementation of the next phase of our growth.”
“I am thrilled to join Minister Fedeli to announce the significant investment from the Ontario government into EcoPoly Properties Inc., a shining example of innovation and sustainability in our local community. This funding will not only fuel the expansion of EcoPoly’s operations but will also pave the way for job creation and economic growth, reinforcing Ontario’s position as a leader in green technology and industrial innovation,” said Jill Dunlop, Member of Provincial Parliament for Simcoe North.
