Government Helping Companies Innovate and Create Jobs

February 27, 2014

Ontario will help Brose Canada create and retain 710 jobs in Ontario. Premier Kathleen Wynne made the announcement at the auto supplier’s headquarters in London.

Ontario is providing support through its Southwestern Ontario Development Fund. This investment will help Brose Canada acquire new, state-of-the-art manufacturing equipment to attract new business, increase exports and compete in new markets.

Brose is a partner to the international automobile industry and delivers systems for vehicle doors, liftgates, seat structures and electric drives worldwide to approximately 80 automobile brands and more than 30 suppliers. For ten years, the Ontario government has been a strong partner to the auto sector, as the industry is vitally important to Ontario’s economic prosperity.

Helping businesses stay competitive and grow in Ontario is part of the government’s economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario’s greatest strength – its people and strategic partnerships.

QUICK FACTS

  • Ontario is providing a grant of just over $1 million to support Brose Canada’s significant investment in this project.
  • The Southwestern Ontario Development Fund is helping to create jobs and diversify the economy by encouraging regional businesses to pursue innovation and new markets. To date, the fund has helped create and protect approximately 9,000 jobs throughout southwestern Ontario.
  • The Southwestern Ontario Development Fund was established following the success of the Eastern Ontario Development Fund. Together these two funds have created and retained more than 24,000 jobs and strengthened local economies.

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