• Another $5 million Investment in St. Thomas

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    October 23, 2017
    Another $5 million Investment at Amino
    We have news of another major investment at St. Thomas’ ANAC (Amino North America Corporation) plant. Amino is located at 15 Highbury Avenue, on the southeast corner of the Highbury/South Edgeware intersection. Anyone attending the Chamber’s recent Meet The Makers event will have seen Amino products and personnel on display. Following the great news of the expansion completed earlier this year at Amino, the company has further invested in its St. Thomas location, with some assistance from the Provincial Government. 
    The Province of Ontario is partnering with FPH Group Inc., TransForm Automotive Canada Ltd., Forest City Models and Patterns Ltd. and Amino North America Corporation to drive economic growth, creating 47 new jobs and retaining more than 207 positions in the London/St. Thomas market.
    Amino North America Corporation (ANAC) specializes in the production of automotive body panels and other components for vehicles, including the Lincoln MKC, Mustang GT350, F150 Raptor and the Sierra/Silverado HD Dually.  With support from the Southwestern Ontario Development Fund, ANAC will install a new sheet press to improve formability, cycle time and part quality.
    Supporting business investment in southwest Ontario is part of provincial initiatives to create jobs and grow the economy.
    • ANAC: Ontario is investing $400,500 from the Southwestern Ontario Development Fund in this project, supporting an additional investment of $5,186,500 from ANAC. The project will create 10 new jobs, help to retain 45 existing positions and is expected to be completed by September 2019.
    • TransForm Automotive Canada Ltd: Ontario is investing $500,000 from the Southwestern Ontario Development Fund in this project, supporting an additional investment of $15,060,775 from TransForm Automotive. The project will create 15 new jobs, help to retain more than 74 existing positions and is expected to be completed by September 2020.
    • Forest City Models and Patterns Ltd.: Ontario is investing $162,700 from the Southwestern Ontario Development Fund in this project, supporting an additional investment of $1,464,304 from Forest City. The project will create 8 new jobs, help to retain 14 existing positions and is expected to be completed by August 2021.
    • FPH Group Inc.: Ontario is investing $175,650 from the Southwestern Ontario Development Fund in this project, supporting an additional multi-million dollar investment from FPH Group. The project will create 14 new jobs, help to retain 74 existing positions and is expected to be completed by May 2020.
    • Since 2013, the Southwestern Ontario Development Fund and Eastern Ontario Development Fund have helped to create and retain 48,000 jobs and have attracted approximately $2.3 billion in investment. The funds cover up to 15 per cent of eligible project costs, with the recipient company funding the remainder from its own resources. The province continues to accept applications for the Southwestern Ontario Development Fund from qualified businesses that are growing and creating jobs. Sectors eligible for the fund include advanced manufacturing, food processing, life sciences, information and communications technology, tourism and cultural industries.
    • Ontario’s five-year, $650-million Business Growth Initiative is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale-up and modernizing regulations for businesses.