Government of Canada Supports Economic Growth and Job Creation for Rural Southern Ontario Manufacturer
November 25, 2022
FedDev Ontario invests over $1.5 million for TS Manufacturing Company to enhance production, support local SMEs in the lumber industry and create 10 new jobs
The Government of Canada is committed to investing in homegrown manufacturers and companies that are supporting critical local supply chains, creating jobs and building towards a more resilient economy.
Recently, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced economic growth and the creation of good jobs through an investment of over $1.5 million, through the Business Scale Up and Productivity stream, for TS Manufacturing Company, a Lindsay-based, family-owned, dynamic ‘one-stop shop’ manufacturer of quality equipment for the forest products industry worldwide.
This investment will allow TS Manufacturing to obtain advanced manufacturing equipment to expand production. This will help the company fill a need in the market by offering automated solutions, such as a first-in-the-world Robotic Lumber Sorter, to small- and medium-sized customers that have been traditionally under-served by equipment manufacturers. This project will also boost local supply chain spending, reduce waste in lumber production and strengthen the regional economy in Lindsay and the Kawartha Lakes. This funding will help bolster the success of the manufacturing industry in the Kawartha Lakes and Peterborough regions and create economic growth for years to come.
TS Manufacturing is a major employer in the region, with more than 100 staff. This project will add an additional 10 skilled jobs.
Strategic investments, like this one, help provide southern Ontario’s manufacturing businesses with the tools they need to scale-up, create good jobs, and seize new opportunities to thrive well into the future.
Quotes
“When we invest in Canadian manufacturers, like TS Manufacturing, we are directly increasing Canada’s potential and economic growth. This first-of-its-kind innovation fills a gap in the lumber industry, strengthens Canada’s competitive advantage, and drives growth in the local economy – and our Government could not be prouder to be investing in this future together.”
– The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario
“We’ve experienced significant growth over the past few years and this funding allows us to scale-up our production capacity to meet demand for our solutions. We are investing in advanced equipment and expanded infrastructure which will create jobs and allow us to produce the highest quality machinery for the sawmill industry. We are pleased to have the Government of Canada’s support for this project; it is a fantastic way to celebrate our 50th anniversary and look ahead to our future.”
– Kris Smith, VP of Manufacturing, TS Manufacturing Company
Quick Facts
- •Founded in 1972, TS Manufacturing designs, manufactures and installs equipment such as conveyers, stackers, and bulk handling systems for high-production lumber manufacturers and sawmills, mines, and pulp and paper mills worldwide.
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•The company is a family-owned and operated manufacturer, run by owners Ted and Evelyn Smith. Their three sons are also active in the business.
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•Since 2015, the Government of Canada, through FedDev Ontario, has invested over $815 million in nearly 600 manufacturing projects, creating over 10,000 jobs and maintaining nearly 20,000 jobs.
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•Since November 2015, the Government of Canada, through FedDev Ontario has invested over $9 million in more than 20 projects in the Kawartha region, estimated to create over 150 jobs and maintain over 350 jobs.
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