FedDev Ontario Supports Auto Parts Manufacturer Expansion
Tuesday, December 13, 2016
Media Release: Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
(Oldcastle is located in Tecumseh, Ontario)
A federal investment of up to $2.4 million will help a Windsor-area manufacturer add over 24,000 square feet of production space at its Oldcastle, Ontario facility.
This repayable contribution, under the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) Investing in Business Growth and Productivity initiative, will help Integrity Tool & Mold Inc. to obtain the additional space, tools and resources it needs to produce advanced tooling for lighting components, and to address the need for increasing innovative design in automotive exteriors and interior parts.
This investment will also help create skilled manufacturing jobs in the Windsor area and will positively impact the automotive supply chain across southern Ontario.
The Government's Innovation Agenda aims to make Canada a global centre for innovation – one that creates jobs, drives growth across all industries and improves the lives of all Canadians. This investment is an example of that vision in action, as it encourages business growth and competitiveness in the manufacturing field.
"The Government of Canada's investment in Integrity Tool & Mold Inc. shows that we are committed to revitalizing the manufacturing industry by helping manufacturers become more innovative, competitive and successful. Today's announcement is supporting a stronger, more competitive economy in southwestern Ontario and Canada."
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Federal Economic Development Agency for Southern Ontario
"Integrity Tool & Mold has built a strong global customer base, and with the support of the Government of Canada, we are proud to be able to add resources to increase production and add more jobs to the Windsor area."
– Paul DiGiovanni, Chief Executive Officer, Integrity Tool & Mold Inc.
- The project, with a total project cost of $22.78 million, is expected to create up to 52 full-time equivalent skilled manufacturing jobs in the Windsor area.
- Established and incorporated in 2000, Integrity Tool & Mold Inc. is a full-service mold manufacturer that primarily serves automotive suppliers. The company operates out of three facilities, totalling 257,000 square feet, with its global headquarters based in Oldcastle, Ontario.