McGuinty Government Joins Forces With Innovative Auto Parts Supplier
TORONTO, Jan. 16 /CNW/ -
Ontario is creating 42 new jobs and helping retain 65 existing ones by
supporting a leading edge manufacturing process at PM Plastics in Windsor.
The province is providing a grant of $565,300 to support the company's
investment of $3.77 million over the next five years. PM Plastics
(http://www.pmplastics.ca/), which specializes in manufacturing parts for
automotive fuel and air induction systems, will use the funding to
commercialize and manufacture components for alternative energy based
vehicles. This included components for hybrid vehicles.
The support comes from Ontario's Next Generation of Jobs Fund
(http://www.ontariocanada.com/ontcan/en/nextgen_main_en.jsp), a $1.15 billion
business incentive program designed to create and protect jobs for Ontario
families. Partnering with business is a component of the Ontario government's
five-point plan (http://www.premier.gov.on.ca/economicplan/) to grow the
"Part of the Ontario government's economic strategy is to support
companies that are creating jobs in the green and high-tech sectors," said
Michael Bryant, Minister of Economic Development. "These sectors are creating
the jobs people want and helping to secure Ontario's position as a premiere
destination for investment and innovation."
"We live in a highly competitive global economy with jurisdictions around
the world aggressively competing for investments and jobs," said Sandra
Pupatello, Minister of International Trade and Investment. "We're happy to be
here today, to announce that investment in leading edge innovation is
happening right here in Windsor."
"Today's announcement is helping bring 42 new green auto jobs to our
city," said Dwight Duncan, MPP for Windsor - Tecumseh. "During these tough
economic times our government is continuing to invest in Windsor to help
create jobs and strengthen our auto sector."
"The provincial support is helping our company move forward with its
product development and growth plans," said Jeff Field, Plant Manager, PM
Plastics. "Manufacturing components for alternative energy based vehicles
provides us with a more diverse product line and is an excellent example to
show the innovative and creative ability of the PM Plastics team."
- PM Plastics' new machinery and manufacturing process will increase
productivity while improving energy efficiency by nearly 60 per cent.
- The battery system will be used in hybrid automobiles, which can
reduce harmful greenhouse gas emissions by over 25 per cent.
- Find out about other Next Generation of Jobs Fund projects
- Learn more about the Government of Ontario's plan to address climate
For further information:
For further information: Leigh-Ann Popek, Minister's Office, (416)
325-0362; Aneesa Ghany, Communications Branch, (416) 325-6998