Home Infra Oxford County manufacturers use government funding to expand – Daily Commercial News

Oxford County manufacturers use government funding to expand – Daily Commercial News

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Oxford County manufacturers use government funding to expand – Daily Commercial News

WOODSTOCK, ONT. — The expansion projects of four Oxford County manufacturing companies is expected to create 187 new jobs.

The Government of Ontario is investing $11.4 million to support the companies through Ontario’s Regional Development Program (RDP), designed to help manufacturers expand their production capabilities while aligning with distinct regional priorities.

Oxford County recipients include:

  • Trans-Mit Steel Inc., which specializes in the precision slitting of thin gauge steel products primarily used for electric vehicle motors and power and distribution transformers, will receive an investment of more than $23 million to expand its Woodstock facility. It is supported by more than $3 million in funding through the RDP. It is expected to create 17 new jobs.
  • Armtec Inc. manufactures a range of infrastructure products and engineered construction solutions across industries like agriculture, infrastructure and construction. The company will invest over $27 million to construct a new manufacturing facility in Tillsonburg. The project is supported by close to $3 million in funding through the RDP and will create nine new jobs.
  • MTO Metal Products Ltd. designs and manufactures custom metal parts for the forestry, manufacturing, construction and supply chain material handling sectors. The company has invested $2.5 million in new advanced manufacturing equipment at its Woodstock facility, supported by more than $386,000 in funding through the Advanced Manufacturing and Innovation Competitiveness stream of the RDP. It will create 16 new jobs.
  • Vuteq Canada Inc., an automotive interior and exterior parts manufacturer, will get an investment of close to $40 million to expand its manufacturing facility in Woodstock with injection molding machines, collaborative robots and camera systems using artificial intelligence. The project is supported by $5 million in funding through the RDP and will create 145 new jobs.