McGuinty Government Helps Innovative Packaging Manufacturer Double
TORONTO, July 11 /CNW/ -
Ontario is investing in an innovative packaging manufacturer to help
create 80 new jobs in the Niagara region.
Stanpac Inc., a Smithville based company, will use a $2.85 million
provincial government loan to expand its operations within its ice-cream
packaging division. New state-of-the-art machinery and equipment will allow
the company to compete with large producers in the North American and
Stanpac's new technology will help reduce the number of steps and the
energy used in the ice cream packaging process. The company's new plastic
tamper-evident products also offer functional and aesthetic advantages when
marketing to consumers. The technology will be available in a wide range of
sizes and specifications.
Today's announcement was made through the Advanced Manufacturing
Investment Strategy and is part of Ontario's 5 point plan for the economy,
which includes strategic investments in innovation, partnerships with
businesses, competitive taxes, and investments in skills training and
"Our government has confidence in Ontario's businesses. We're striving to
ensure that companies with the potential for expansion are able to obtain the
funding and support to grow strategically," said Minister of Economic
Development and Trade Sandra Pupatello
"This is a success story for the Niagara region. Stanpac's strategic plan
to grow and diversify will bring jobs, innovative technology and greater
visibility to the local economy," said St. Catharines MPP Jim Bradley
"We're proud the Ontario Government has supported our expansion. Our
company's growth in Canada, combined with our presence in the US markets, puts
us in a strong competitive position," said Stanpac Inc. President Steve Witt
- The Ontario government will contribute $2.85 million to support
Stanpac's immediate investment of $9.5 million. The company's total
expansion investment will exceed $18 million.
- Stanpac Inc., founded in 1949 - formerly Standard Cap and Seal - was
purchased by its current owner Steve Witt in 1971. Starting his
business with a staff of two employees, Mr. Witt has grown the
company over the years.
- Known for its innovation, Stanpac is currently working with Kodak on
an anticounterfeiting system for the ice wine industry
107384&var=story). Stanpac demonstrated the KODAK
Traceless System for anticounterfeiting during the Uncorked Grape &
Wine Industry Conference & Tradeshow at Niagara College in
Niagara-on-the-Lake in May 2008.
- Stanpac's packaging design is well noted within the industry. The
company's package design
for Hernder Estate Wines (http://www.hernder.com/) was awarded a gold
medal at the 2001 Global Packaging Awards.
- Find out more about the Ontario government's programs
supporting a strong economy.
Disponible en français
For further information:
For further information: Leigh-Ann Popek, Minister's Office, (416)
325-0362; Eleanor Hendrickson, Communications Branch, (416) 326-8465