The Ontario government is helping 26 small and medium-sized automotive parts suppliers invest almost $9.6 million in new tools and technology to enhance competitiveness and create 111 new, good-paying jobs.
As part of these investments, the province is providing $3.5 million in funding through the fourth round of the Ontario Automotive Modernization Program (O-AMP), an initiative to support local manufacturers and grow the province’s automotive supply chain.
To date, Ontario has invested $17.8 million to support over 170 projects through the program, leveraging $45.7 million in new investments and helping to create more than 870 new jobs in the sector.
News Releases;