Southwestern Ontario Development Fund Supports $10.1M Project for FCA

Southwestern Ontario Development Fund Supports $10.1M Project for FCA

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 several Chrysler and Dodge…

Next Intake Open October 19, 2020: SWODF/EODF Community Economic Development Stream

Next Intake Open October 19, 2020: SWODF/EODF Community Economic Development Stream

Update: In response to COVID-19, the fourth intake period of SWODF/EODF is October 19, 2020 – December 1, 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 in southwestern…

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

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…

Southwestern Ontario Development Fund: $500k in Expansion Grants

Southwestern Ontario Development Fund: $500k in Expansion Grants

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 grants from the Southwestern…

How to Embrace USMCA with Canadian Government Funding

How to Embrace USMCA with Canadian Government Funding

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 are concerned about these changes,…

Southwestern Ontario Development Fund Awards Six London Businesses

Southwestern Ontario Development Fund Awards Six London Businesses

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 invested into six London…

Ontario Provincial Election 2018: Impacts on Business and Funding

Ontario Provincial Election 2018: Impacts on Business and Funding

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, it’s expected Ford’s cabinet will…

SWODF Awards Four Manufacturers $2.7M in Business Development Grants

SWODF Awards Four Manufacturers $2.7M in Business Development Grants

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 330 jobs. The Southwestern Ontario…

SWODF Awards $5.5M in Business Expansion Grants to Three Manufacturers

SWODF Awards $5.5M in Business Expansion Grants to Three Manufacturers

Two manufacturers in Woodstock, Ontario and one in Ayr, Ontario have recently been awarded business expansion grants. The three companies will use their Ontario government funding to drive economic growth for the province by creating and retaining jobs, expanding production facilities, and investing in innovative equipment. The Southwestern Ontario Development Fund (SWODF) has invested a…