1335207310Click image to enlargeOntario manufacturers will soon be getting support for advanced manufacturing practices through a newly announced Advanced Manufacturing Fund.

The Fund is part of the Federal government's Economic Action Plan 2013 and will provide $200 million over five years to projects that include the development or adoption of cutting edge technologies that demonstrate a commitment to product, process and technological innovation.

"Through the Advanced Manufacturing Fund, our Government is looking ahead to the new and innovative products or production methods that will push Ontario to the forefront of high-techmanufacturing," say Gary Goodyear, Minister of State for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario). "With this investment, we are helping manufacturers in the province to build momentum and push to be more competitive on the global stage."

"As Canada's leading trade and industry association, we understand the importance of and need to bolster the global competitiveness of Ontario companies," says Jayson Myers, President and CEO, Canadian Manufacturers & Exporters (CME). "CME supports FedDev Ontario as it continues to equip manufacturers with the right tools to become more successful."

Advanced manufacturing includes the development and/or adoption of cutting-edge technologies that demonstrate a commitment to product, process, and technological innovation.

The contributions provided will normally be between $10 million and $20 million per project for up toone-half (50 percent) of total eligible project costs. Projects seeking less than $10 million or more than $20 million may be considered. Applicants must provide evidence of industry support (non-governmentsources) for at least 50 percent of the remaining project costs and clearly demonstrate how their project responds to innovation, market relevance and spillover economic benefits.

Created in 2009, FedDev Ontario supports the southern Ontario economy by building on the region's strengths and creating opportunities for jobs and economic growth. In Budget 2013, the Government of Canada demonstrated its continued commitment to workers, families and communities in southern Ontario with the renewal of FedDev Ontario. Economic Action Plan 2013 provides $920 million over five years for the Agency starting on April 1, 2014.

For guidelines and information on how to apply for funding through the Advanced Manufacturing Fund, visit FedDev Ontario online.

Update on an outdate

Modern HMC helps Ontario manufacturer improve productivity

The Problem: Maintain manufacturing operations in North America
The Solution: Replace outdated machine tools with a modern HMC

Choosing an annular cutter

There is more than one type of annular cutter for different alloys

Fabricating Tech Tips: Press feeding basics

by Matt Trethewey & John Kwiatkowski 

Tips on how to avoid short feeds

Jeff Nesbitt new Canadian sales manager for Vero

Vero Software has hired a new sales manager, Jeff Nesbitt, to support sales of the Vero solutions throughout Canada.

Get on TRAK

by Kip Hanson

Ontario machine shop takes unique approach to employee training, keeps up with customer demands  

New machine tool accessories catalogue

Platinum Tooling Technologies, Inc., the exclusive North American importer of standard and custom Live Tools, Angle Heads, and Multiple Spindle Tools manufactured by Heimatec GmbH, has released its new catalog.

Amada America expands with new manufacturing site

Amada American celebrated the opening of its latest manufacturing site, a 190,000 sq ft manufacturing plant and 62,000 sq ft technical centre in High Point, NC.

Don't lower auto content value: NAFTA steel group

Three trade associations representing steel producers in Canada, the US and Mexico are urging negotiators of the Trans-Pacific Partnership (TPP) to maintain regional auto content amdist reports that a lower regional value content is under consideration.

Turning green

by Mary Scianna

Energy saving options on turning machines are cost saving advantages for manufacturers

Walter Surface launches contest to test product, win a Mustang

Walter Surface Technologies has launched a "Test Drive Flexsteel, Take Home a Mustang GT" contest to promote its flap discs.

Soft gripper handles metal parts or delicate products

The flexible OnRobot Soft Gripper for food and beverage, cosmetics and pharmaceuticals sectors makes it easy to process difficult to handle items such as eggs or fruit, bottles or irregular-shaped containers.

Thomas Skinner celebrates 30th anniversary

Thomas Skinner's Edmonton location hosted an open house on October 4 to celebrate its 30th anniversary and showcase its new showroom and training facility. 

DMG MORI, Fuchs launch partnership for machine tool lubricants

DMG MORI and Fuchs have announced a technology partnership agreement and signed a collaboration contract to work together on innovative product developments for lubricants for machine tools.

Stay In Touch

twitter facebook linkedIn