Ontario bolsters tooling and auto parts industries (April 28, 2008)
Ontario's machine, tool, die and mold makers and auto parts makers have received $1.2 million in provincial funding...
April 28, 2008 by Canadian Plastics
Ontario’s machine, tool, die and mold makers and auto parts makers have received $1.2 million in provincial funding from the McGuinty government.
The funding, to be spilt evenly between the Canadian Tooling and Machining Association (CTMA) and the Automotive Parts Manufacturers’ Association (APMA), will be used to increase their competitiveness and strengthen Ontario’s manufacturing base, the organizations said.
“To advance their competitiveness, our members need leading-edge design software and technology. Keep in mind that many tooling companies are small operations servicing the broad-based Canadian manufacturing sector, so this kind of industry-government partnership is exactly what’s needed,” said CTMA president Horst Schmidt. According to the CTMA, it will assess shortfalls in software skills across the industry and work with suppliers to identify solutions; this will include testing and evaluating software and developing new training programs.
“This project is going to deliver targeted, tailored advice to help our member companies boost competitiveness and diversify their customer base. It’s an important step for our industry to adjust to the new realities of our business climate,” said Gerry Fedchun, APMA president. Fedchun noted that APMA will pilot cost reduction projects at a number of auto parts companies and share the results across the industry. The association will also engage consultants with expertise in manufacturing cost reduction and develop new business with Japanese and European automakers building vehicles in North America.