Three Manufacturing Businesses Investing over $15 million in Aylmer, Eden, and Straffordville
ETBO Tool and Die, Phil Mauer and Associates, and Ckdpack will create 58 new good-paying jobs in Elgin-Middlesex-London
Elgin County — The Ontario government is supporting a total investment of over $15 million by ETBO Tool and Die, Phil Mauer & Associates and Ckdpack to boost local manufacturing and create 58 new good-paying jobs in Elgin-Middlesex-London.
This funding was announced today by Rob Flack, Member of Provincial Parliament for Elgin-Middlesex-London.
“ETBO Tool and Die, Phil Mauer & Associates, and Ckdpack are manufacturing champions whose investments will strengthen our growing local manufacturing sector with new good-paying jobs for families in the Elgin-Middlesex-London region,” said MPP Flack. “By supporting investments in our local communities, our government is creating more opportunities for workers and businesses today, while laying the foundation for a strong economy for future generations.”
ETBO Tool and Die is investing a total of $9,325,000 to undertake a 42,500 sq. ft. facility expansion and to acquire new equipment. Phil Mauer & Associates is investing $4,625,600 to expand their facility and product ranges to bid on new work across the growing auto supply chain. Ckdpack is investing $1,150,478 to develop a new production line.
“Employing more than 800,000 workers across the province, Ontario’s manufacturing sector is the economic engine of our nation,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Our government is proud to support local companies like ETBO Tool and Die, Phil Mauer & Associates, and Ckdpack as they expand their operations, and we thank them for their contributions to Ontario’s dynamic and growing manufacturing ecosystem.”
In support of these investments, Ontario is providing ETBO Tool and Die with $1,398,750, Phil Mauer & Associates with $693,840, and Ckdpack with $172,571, respectively. All funding is provided through the Regional Development Program’s Southwestern Ontario Development Fund (SWODF).
“ETBO Tool & Die Inc. is committed to the automotive EV transition through battery and hydrogen fuel cell technology,” said Etienne Borm, President and CEO of ETBO Tool & Die Inc. “It is critical to Ontario manufacturing to have the equipment, facilities and people required to support further growth and to maintain relevance in today’s market. The support from the province through SWODF is instrumental to strengthening the growth and sustainability of manufacturing in Elgin County. Thank you to Premier Ford, Minister Fedeli, MPP Rob Flack and the people of Ontario for helping ETBO Tool & Die Inc. with a loan to help reposition the company at the required speed.”
“We are both grateful and thrilled to have received SWODF funding,” said Phil Mauer, founder of Phil Mauer & Associates, Inc. “This investment will empower us to deliver our high-quality products more efficiently to meet the dynamic needs of the automotive industry, while also deepening our commitment to the community that supports us.”
QUICK FACTS
- The government’s recently released 2024 Fall Economic Statement launched the Advancing Ontario Made Manufacturing Plan, a 10-year roadmap for growing the sector’s workforce and production capacity. The plan is a roadmap to help grow the sector’s output to over $120 billion and expand Ontario’s manufacturing workforce to one million people by 2035.
- The Ontario Made Manufacturing Investment Tax Credit continues to provide a 10 per cent refundable Corporate Income Tax credit to help local manufacturers lower their costs, invest in workers, innovate and become more competitive.
- Ontario’s $180 million Regional Development Program allows businesses and municipalities to receive financial support through the Eastern Ontario Development Fund and Southwestern Ontario Development Fund and guided access to a range of complementary services and supports. To date, Ontario has supported more than 135 projects through the program, leveraging almost $2 billion in new investments and helping to create over 3,500 jobs.
- The Advanced Manufacturing & Innovation Competitiveness (AMIC) stream of the RDP supports advanced manufacturers across the province by providing financial support and tools needed to improve competitiveness, while strengthening essential supply chains.
ADDITIONAL RESOURCES
Media Contact:
Emily Gratton
Communications Advisor
Rob Flack, MPP
519-631-5995
emily.gratton@pc.ola.org