Ontario’s Axiom Group awarded $220,000 innovation grant
Custom tooling supplier and injection molder Axiom Group Inc. has received a $220,000 grant from the National ...
Research & Development
Injection Molding: Technology Advances
The funding will support Aurora, Ont.-based Axiom in developing a new thermal material for a food container, designed to launch a second-generation of the company’s ThermaPod product, an environmentally-friendly one-piece lunch box.
The grant is part of the Government of Canada’s Economic Action Plan, and was announced on April 9 at a ceremony held at Axiom’s Aurora headquarters. The announcement was made by Ms. Lois Brown, Member of Parliament for Aurora-Newmarket, on behalf of Gary Goodyear, Minister of State (Science and Technology).
“Our government is investing in science and technology to create jobs, strengthen the economy, and improve Canadians’ quality of life,” said Ms. Brown. “This government is supporting Canadian firms that successfully develop and apply innovative technologies linking scientific research to commercialization, to jobs of the future, and economic growth.”
During the event, NRC-IRAP also presented Axiom with a Canadian Innovation Leader Certificate. The certificate is awarded to small- or medium-sized companies that demonstrate specific advances in research and development within their industrial sectors.
Formed in 1987, Axiom Group is divided into three divisions: Axiom Plastics, Axiom Tooling and Axiom Electronics. The company designs and develops a range of products and services, including wiring harnesses, prototype and production molds for the automotive industry, and engineering and design services.
“NRC-IRAP is playing an important role in the success of our company,” said Perry Rizzo, president of Axiom Group. “The financial support we receive from NRC-IRAP is helping Axiom Group develop a full complement of high-tech solutions for the automotive, plastics and electronics industries.”
The Government of Canada’s Economic Action Plan has provided new resources of $200 million over the past two years to support Canadian manufacturing firms. For more information about the program, visit this link.