The Southwestern and Eastern Ontario Development Funds offer up to $500k-$5M to support a business’ investments in innovative facilities and equipment.
The Southwestern Ontario Development Fund (SWODF) is set to provide five local manufacturing plants with a collective $2,086,838 in government grants.
FCA Canada recently received funding from the Ontario provincial government to support an investment in a new Vehicle Dynamics Simulator (VDS) lab that features the most advanced driving simulation technology in North America.
FCA Canada, a subsidiary of FCA US, operates assembly facilities in Windsor and Brampton, Ontario; these facilities produce
Update: In response to COVID-19, the second intake of SWODF/EODF has been extended to May 29, 2020.
The Community Economic Development Streams of the Southwestern Ontario Development Fund (SWODF) and the Eastern Ontario Development Fund (EODF) provide support to municipalities and not-for-profit organizations for projects and investments that spur economic development
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
Rulmeca Canada Limited (Rulmeca) of Wallaceburg, Ontario, is the world’s largest manufacturer of rollers, idlers, and motorized pulleys for heavy duty conveyors within quarries, mines, mills, and bulk terminals. The company has over 1,200 employees, 10 manufacturing facilities, and eight sales offices worldwide.
Rulmeca is the recipient of $499,550 in manufacturing
The United States-Mexico-Canada Agreement (USMCA) offers many opportunities as well as some challenges for Canadian businesses. If ratified, the new agreement-in-principle will take effect on January 1, 2020 and significantly impact supply chain management, predominantly in the dairy, poultry, and automotive sectors. While there are many businesses across Canada that
Six London, Ontario-area businesses serving a variety of industries have recently received Ontario government funding. The development and implementation of the projects awarded will help create and retain jobs within the province, enhance strong economic growth, and support Canadian innovations to stay competitive globally.
A combined total of $2,988,874 has been
On June 7, Ontario voters ushered in a new Conservative majority government to be led by Doug Ford. The incoming Premier won 40% of the popular vote and 76 seats overall, signaling a big change in provincial government. Having already appointed a Chief of Staff and assembled a transition team,
Two manufacturers in Cambridge and two in Kitchener have recently been awarded business expansion grants from the Southwestern Ontario Development Fund (SWODF). The companies will use their Ontario government funding to drive economic growth for the province by purchasing and upgrading equipment, expanding facilities to increase production, and supporting over