Precision Fab Inc. Awarded Over $2M in Canadian Manufacturing Grants
Success Stories

Precision Fab Inc. Awarded Over $2M in Canadian Manufacturing Grants

Precision Fab Inc. (PFI) is an ISO 9001 certified manufacturer of metal racking for the automotive, aerospace, and material handling industry. Headquartered in Aylmer, Ontario, the company operates three North American manufacturing facilities and continues expanding its operations through strategic investment projects. In recent years, Precision Fab has used Canadian manufacturing grants to help spur…

Over $5 Million in Automotive Manufacturing Grants Awarded to Sodecia
Success Stories

Over $5 Million in Automotive Manufacturing Grants Awarded to Sodecia

The Sodecia Group was founded in Portugal in 1980 and has since become a full-service supplier of automotive chassis and powertrain components, and designer of highly-automated assembly systems. Sodecia works with 12 of the world’s major original equipment manufacturers (OEMs) and maintains multiple facilities in London, Ontario. To keep up with the demand for innovative…

Ontario Government Funding Enhances Stanpac’s Facility Expansion
Success Stories

Ontario Government Funding Enhances Stanpac’s Facility Expansion

FedDev Ontario recently announced that it will provide local manufacturer, Stanpac, Inc., with a $4.5 million investment through the Investing in Business Growth and Productivity (IBGP) program. This Ontario government funding will help Stanpac expand its manufacturing operations in Smithville, Ontario. The expansion project, which is estimated to cost a total of $45.6 million, will allow…

Cambridge Pro Fab: Growth through Canadian Government Funding
Success Stories

Cambridge Pro Fab: Growth through Canadian Government Funding

Cambridge Pro Fab is a leading supplier of steel ducting for the oil, gas and coal power generation industries. As an industry leader in the manufacture of HRSG, pollution control, noise reduction and air filtration systems, Cambridge Pro Fab Inc. has built a diverse portfolio of customers for over 25 years. The company’s growth over…

$6.6M in Ontario Government Funding Awarded to Growing Manufacturers
Government Funding

$6.6M in Ontario Government Funding Awarded to Growing Manufacturers

Two manufacturers, Hammond Manufacturing Company and Ontario Drive & Gear Limited, will receive government funding valued up to $6.6 million to expand their operations. This government funding, among other benefits, will help the two businesses to purchase new, innovative technologies and train their employees on how to best use the equipment. By receiving Ontario government…

2016 Government Funding Programs for the Automotive Industry
Government Funding

2016 Government Funding Programs for the Automotive Industry

Nearly a year ago, CBC reported on former Industry Minister, James Moore’s meeting with executives from leading automotive companies. In an ongoing effort to strengthen Canada’s automotive sector, Moore has been working closely with Ford, Toyota, Chrysler-Fiat, and Honda to secure additional investments in their Canadian operations. “I’m very positive and very confident that we’ll…

FAQs: Investing in Business Growth & Productivity Ontario Government Funding
Government Funding

FAQs: Investing in Business Growth & Productivity Ontario Government Funding

Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. Southern Ontario businesses have a variety of options available to assist with business expansion and growth initiatives. One of the most popular choices for small and mid-sized companies in the region is FedDev Ontario’s 0% interest small business loan, Investing in…

Qualify for Investing in Business Growth & Productivity: Ontario Business Loan
Government Funding

Qualify for Investing in Business Growth & Productivity: Ontario Business Loan

Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. The Investing in Business Growth & Productivity Ontario government funding program is one of the programs that make up the Southern Ontario Prosperity Initiatives (SOPI), administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). The SOPI program, founded…

Investing in Business Growth & Productivity: Ontario Small Business Funding
Government Funding

Investing in Business Growth & Productivity: Ontario Small Business Funding

Please Note: IBGP is closed. Please consider the Business Scale-up and Productivity program for similar support. Administered by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), Investing in Business Growth & Productivity (IBGP) is one of core programs which comprise the $530 million Southern Ontario Prosperity Initiatives (SOPI) running from 2014-2018. IBGP has a stream…

Which FedDev Ontario Small Business Loan is Best for your Company?
Government Funding

Which FedDev Ontario Small Business Loan is Best for your Company?

Canadian small-and-medium sized businesses (SMEs) are vital to the success of the economy and well-being of all Canadians. In 2012, nearly 90% of the Canadian workforce was employed by SMEs, and these businesses were responsible for contributing close to 30% of Canada’s overall GDP. In Ontario, SMEs employ over 3.8 million people and are a…