How to resolve AdBlock issue? Ontario launches next round of $10M O-AMP program
- Details
- September 7, 2020
Click image to enlargeOntario has launched its next round of applications for the Ontario Automotive Modernization Program (O-AMP).
The $10-million program provides auto parts companies with funding to invest in new technologies and support innovation in Ontario's automotive supply chains.
"Ontario is uniquely positioned to lead the development of the next generation of vehicles when you consider that we have North America's second-largest IT cluster and are the continent's number two auto producer," said Minister of Economic Development, Job Creation and Trade Vic Fedeli. "With more than 250 companies and organizations active in the development of connected and autonomous vehicle technologies, many of the world's leading companies are developing the transportation solutions of the future right here in our province."
O-AMP funds companies to help with manufacturing technology adoption and/or adoption of lean manufacturing processes. Funding covers up to half of eligible project costs, with a ceiling of $100,000, with the company covering the remainder.
"Our government has made it faster, easier, and more cost-effective to do business in the province, which will position us for success and bring jobs to Ontario as the global economy recovers," said Minister Fedeli. "Ontario's auto sector has been front and centre in the fight against COVID-19, with many companies retooling their operations to make emergency supplies. The auto industry, a mainstay of advanced manufacturing and innovation, will continue to be instrumental as we implement our made-in-Ontario plan for renewal, growth and economic recovery."
Ontario is the only place in North America where five major automakers build vehicles — Fiat Chrysler, Ford, General Motors, Honda and Toyota — as well as truck manufacturer Hino.
Absolute Machine Tools has been sold to, and is now owned by, an Employee Stock Ownership Trust (ESOP).
Bystronic Canada Ltd. has appointed David Wooldridge as managing director.
Canada's manufacturing industry continues to perform well with March marking the sixth consecutive month in which production and new orders picked up, while employment hit its highest level in close to five years, according to data from the Markit Canada Manufacturing Purchasing Managers' Index (PMI).
Close to 3,300 people attended Haas' four-day open house, HaasTec, held March 17-20 at its Oxnard, CA, headquarters and manufacturing facility.
In a glitzy online extravaganza dubbed by Bill Ford as a “generational celebration,” the company that brought us the pickup truck has introduced the Holy Grail of today’s automotive industry—an electric F-150 pickup truck.
On Friday, April 27 at its head office in Cambridge, ON, Mazak Canada hosted an “Evolution of Digital Machining” lunch and learn demonstration for customers and industry partners.
For the third time, the United Grinding Group held the largest symposium in the international grinding machine industry from 21 to 23 May in Thun, Switzerland.
A pilot project for automated 3D printing of replacement parts and series-production components has been a huge success for Daimler, the automotive manufacturer says.
Economic optimism is rising on the latest data coming out of the US market: the advance estimate of second quarter 2014 GDP growth in the US was 4.0 per cent, well above market expectations for a 3.0 per cent increase, according to an RBC Economics statement by economist Nathan Janzen.
Metal Supermarkets, in partnership with sponsors OMAX Abrasive Waterjets and Cosen Saws, are kicking off the 7th annual "Metal My Way" contest, which gives individuals in the welding and fabricating community an opportunity to show off their metal creations.
CenterLine Limited of Windsor, ON has maintained its status as a Gold Standard Requalified winner and has been recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies award.
The Canadian government has announced it is investing more than $2 billion with Canadian companies to acquire ventilators and protective personal equipment (PPE) and has made $50 million available in funding for members of the Next Generation Manufacturing Supercluster to develop and scale up new in-demand technologies, equipment and medical products.
Sandvik Coromant has signed a partnership agreement with Hanna Tools that will strengthen Sandvik Coromant's global position in the automotive manufacturing industry.
The Canadian Association of Moldmakers (CAMM) and Automate Canada have named Jeanine Lassaline-Berglund as the two organizations’ first ever president.
TRUMPF Group has announced that its TRUMPF Laser- und Systemtechnik GmbH division will combine the business operations of SPI Lasers UK Ltd. to bring advantages in industrial applications via both disk and fiber technology and enhance customer service offerings.
