McGuinty Government Welcomes Manufacturing Investment



    Takagi Manufacturing of Japan To Bring 200 High Value Jobs To St. Thomas

    ST. THOMAS, ON, Aug. 17 /CNW/ - A $15 million investment by Takagi
Manufacturing of Japan is a major vote of confidence in Ontario's automotive
industry, the City of St. Thomas and Elgin County, Steve Peters, MPP for
Elgin-Middlesex-London said today on behalf of Sandra Pupatello, Minister of
Economic Development and Trade.
    Takumi Stamping Canada Inc., a subsidiary of Tagaki Manufacturing, is
establishing a metal stamping facility in St. Thomas with jobs for 95
associates. Plans are being developed to expand its operations and increase
staffing to 200 or more people when fully operational.
    "We are celebrating in St. Thomas today," Peters said. "Takumi Stamping
is investing in this community because of its great confidence in the skills
and talents of our workers. Now it will build on that success by creating high
value jobs for the people of Elgin County."
    Takumi Stamping Canada Inc. will supply stamped metal parts to Toyota's
Woodstock facility. The company also supplies components to Toyota parts
suppliers, including Toyotetsu and Futaba.
    "Our success in attracting automotive producers to Ontario produces
tremendous spinoff benefits, and the planned facility here in St. Thomas is a
prime example," Pupatello added.
    Through Ontario's targeted strategies, including the Ontario Automotive
Investment Strategy, the government invests in key areas such as innovation,
high-value skills training, infrastructure, environmental technologies and
energy efficiency. Ontario's strategies have leveraged more than $7 billion in
automotive investments and anchored thousands of long-term, high-value jobs.

    
    Disponible en français

                            www.ontariocanada.com
    




For further information:

For further information: Valérie Poulin, Minister Pupatello's Office,
(416) 325-6907; Eric Shapiro, Communications and Public Affairs Branch,  (416)
325-6698

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Ministry of Economic Development, Employment and Infrastructure

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