The Ontario provincial government is providing a grant of $102,225 to a Summerstown, Ont. company to help it increase production and create 45 new manufacturing jobs.
With support from the province, Reynolds Food Packaging is investing to retrofit its existing facility, implement a more efficient manufacturing process and upgrade equipment. These improvements will double production capacity and help the company maintain its position as a market leader. The company produces semi-rigid plastic packaging, like those used by grocery stores for selling baked goods.
The grant comes via the Eastern Ontario Development Fund to help Reynolds implement the project. This investment supports the province’s five-year Open Ontario plan to create new job opportunities and promote economic growth.
“Ontario is thrilled to partner with companies like Reynolds Food Packaging that are committed to innovation and building economic sustainability," says Jim Brownell, MPP for Stormont-Dundas-South Glengarry. "The Eastern Ontario Development Fund provides exactly the type of targeted, strategic investments that will help realize Summerstown’s full economic potential.”
For more information on the Eastern Ontario Development Fund call 1-866-909-9951 or visit www.ontario.ca/easternfund. For other government-funded programs and services for Ontario businesses, visit: www.ontario.ca/en/business_program/index.htm.