November 12, 2013
Ontario is helping Durose Manufacturing Ltd.invest in new machinery and grow its business while creating 12 new jobs and retaining 89 existing jobs in Guelph.
The fabrication and finishing shop makes large steel components used in everything from buildings to heavy machinery. With support from the
Southwestern Ontario Development Fund, Durose is installing new equipment that will help the company take on larger projects, conduct more work in-house, and offer shorter delivery times and lower prices for its customers.
Modelled on the proven Eastern Ontario Development Fund, the Southwestern Ontario Development Fund is helping to create jobs and diversify the economy by encouraging regional businesses to pursue innovation and new markets. Together these two funds have created and retained more than 22,000 jobs and strengthened local economies.
Partnering with business is part of the government’s economic plan to create jobs and help people in their everyday lives by investing in people, building strong infrastructure and supporting a dynamic and innovative business climate across Ontario.
"Through the Southwestern Ontario Development Fund, our government is helping innovative companies become even more competitive and create new jobs. By partnering with business in this way, we can strengthen local economies and provide new opportunities for people in their everyday lives."
— Dr. Eric Hoskins, Minister of Economic Development, Trade and Employment
"The Southwestern Ontario Development Fund is assisting another Guelph company to grow and create jobs in our community. I’m delighted that our government has this opportunity to work with Durose – it shows how targeted government support can help an ambitious company move to the next level."
— Liz Sandals, MPP for Guelph
"At Durose, our continuing focus is combining the latest technology with traditional values of craftsmanship and customer service. This investment in a vertical machining centre will enable us to fulfil larger projects in-house and offer even more options as a full-service fabricator."
—Angelo Maggiolo, President, Durose Manufacturing Limited
Find out if your business qualifies for the
For more information, contact:
Office of Liz Sandals, MPP
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