Ontario gov’t invests in “green” auto parts
The Ontario government is providing $2.5 million to three plastics processing companies that are focused on new way...
The Ontario government is providing $2.5 million to three plastics processing companies that are focused on new ways to make car parts out of crops.
The funding, provided through the Ontario BioAuto Council, will be divided among Cambridge, Ont.-based Canadian General-Tower Limited, Greencore Composites Inc. in Toronto, and Whitby-Ont.-based The Woodbridge Group.
The companies are all in the process of developing plastics that are lighter, stronger and cleaner to produce and use, from crops like soybeans and castor.
“The investments will help Ontario companies move to the forefront of technologies that allow us to replace toxic materials and products with environmentally friendly, bio-based ones. It’s a win for our environment and for our manufacturers,” said Minister of the Environment John Gerretsen.