Oxford County manufacturers use government funding to expand

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WOODSTOCK, ONT. — The expansion projects of four Oxford County manufacturing companies is expected to create 187 new jobs., which specializes in the precision slitting of thin gauge steel products primarily used for electric vehicle motors and power and distribution transformers, will receive an investment of more than $23 million to expand its Woodstock facility. It is supported by more than $3 million in funding through the RDP. It is expected to create 17 new jobs..

The company has invested $2.5 million in new advanced manufacturing equipment at its Woodstock facility, supported by more than $386,000 in funding through the Advanced Manufacturing and Innovation Competitiveness stream of the RDP. It will create 16 new jobs.

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