Ontario invests $11.4M in Oxford County manufacturers expanding their production capabilities

Four Oxford County manufacturers, Vuteq Canada, Trans-Mit Steel, Armtec and MTO Metal Products are investing $93 million in total to enhance their production capabilities. The Ontario government is supporting this investment with $11.4 million through its Regional Development Fund.

The Oxford County manufacturers will be using the funds in the following projects:

• Vuteq Canada, a Tier 1 automotive interior and exterior parts manufacturer, is investing 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.
• Trans-Mit Steel, a subsidiary of Mitsui & Co. (U.S.), specializes in the precision slitting of thin gauge steel products, primarily used for electric vehicle motors and power and distribution transformers. The company is investing more than $23 million to expand its Woodstock facility and is supported by more than $3 million in funding through the RDP. The project is expected to create 17 new jobs.
• Armtec 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. It will reportedly create nine new jobs.
• MTO Metal Products designs and manufactures custom metal parts for the manufacturing, forestry, construction and supply chain material handling sectors. The company has invested $2.5 million in new advanced manufacturing equipment at their Woodstock facility. This is supported by more than $386,000 in funding through the Advanced Manufacturing and Innovation Competitiveness stream of the RDP, creating 16 new jobs.

“Our team is very excited about our recent investment in our building and equipment in Woodstock. This investment will allow us to add manufacturing capacity and improve efficiency. The much-appreciated RDP funding support provided by the provincial government will enable us to fast track the implementation of advanced technology and equipment for even further efficiency gains. As always, I am counting on our hard-working team members to ensure it is a success,” said Ezio Andreola, president of Vuteq Canada.