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$2.4 million Ontario investment for Brantford area includes food and chemical production

Mike Edwards   

News Brantford Ontario

Elastochem Specialty Chemicals is investing over $10 million with $500,000 from the Southwestern Ontario Development Fund.

The Ontario government is supporting an investment of $25 million by local manufacturers to help strengthen domestic manufacturing and attract investment in Brantford, ON. The province is investing nearly $2.4 million in four Brantford-area businesses through the Regional Development Program for food, chemicals, wood and mould-making producers.

Brantford-based Grissin Bon is investing nearly $6 million to expand its food manufacturing facility by 26,000 square feet and add a new production line that will help the company enter a new segment of the bakery market and diversify its customer base. With $885,900 from the Southwestern Ontario Development Fund, they are creating 15 new jobs and retaining 20. The investment will allow the company to purchase new equipment to help expand its product offerings from breadsticks to other baked items.

According to Grisson Bon CEO, Franco Veglio, “With support from the Southwestern Ontario Development Fund, the project will double food production capacity and offer quality products to Canadian businesses and consumers.”

Ontario is investing in three other Brantford-area projects.

Elastochem Specialty Chemicals is investing over $10 million with $500,000 from the Southwestern Ontario Development Fund to expand its product offerings, which are currently focused on sprayed polyurethane foam, to include low/non-combustible and energy-efficient insulation board. This new product would address two key issues facing architects and building designers: achieving a highly efficient thermal wall enclosure while reducing or eliminating fire risk. Elastochem specializes in polyurethane products for the construction industry.

Brantford-based Grissin Bon is investing nearly $6 million to expand its food manufacturing facility by 26,000 square feet and add a new production line for baked goods. Image courtesy advantagebrantford.ca.

“Elastochem is excited for its future here in Ontario. The investment from the Southwestern Ontario Development Fund helped finalize our decision to expand our current site in Brantford,” said Sam DiLoreto, Elastochem president. “The 50,000 sq. ft. expansion will allow us to implement newly developed resin manufacturing technology to meet the needs of the construction market for years to come.”

Synergy Mouldworks is investing $3.5 million to expand its facility by 9,000 square feet, purchase new equipment, and increase capacity in research and development. With $500,000 from the Southwestern Ontario Development Fund, the company will optimize production efficiencies and innovation to enter new markets. Synergy Mouldworks is a manufacturer of custom injection moulds for diverse markets including automotive, medical, pharmaceutical and consumer goods.

Rembos is undertaking a $5.5 million investment in facility and infrastructure upgrades. Ontario is investing $500,000 from the Southwestern Ontario Development Fund which will allow the company to increase overall production by 50 percent, increase efficiencies, develop new products and enter new markets. Rembos is a wood products remanufacturer that creates high-grade wood from lumber mill seconds, including specialty trim, wall studs, fencing and pallet and truss components.

 


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