Ontario Welcomes $2,246,502 Manufacturing Investment

Tulmar Safety Systems Inc. will create 10 new good-paying jobs in Hawkesbury.

NEWS October 5, 2023

HAWKESBURY — The Ontario government is supporting an investment of $2,246,502 by Tulmar Safety Systems Inc. to boost local manufacturing and create 10 new good-paying jobs. As part of this investment, the government is providing Tulmar Safety Systems Inc. with $291,986 in funding through the Regional Development Program’s Eastern Ontario Development Fund.

This funding was announced today by Stéphane Sarrazin, Member of Provincial Parliament for Glengarry-Prescott-Russell.

“Our government is building a strong Ontario and strengthening the economy by supporting key investments in communities like Hawkesbury,” said MPP Stéphane Sarrazin. “Tulmar Safety Systems’ investment will grow local manufacturing and create more good-paying jobs for workers and families in Hawkesbury area.”

Tulmar Safety Systems Inc. is investing $2,246,502 to strategically expand through European partnership. This exciting new project will help expand sales of existing product lines and integrate new capabilities to develop new product lines. A second key driver is Tulmar’s focus on global sales. Through this project, Tulmar will be an authorized reseller of major proprietary product lines in the North American market. Ten new jobs will be created through this project.

“Tulmar Safety Systems is grateful for the support of the Province of Ontario. The grant from the Eastern Ontario Development Fund will help us add new technology to support the growth of our international business. With this growth of course comes new employment in our community.  As a leading international provider of advanced safety solutions, the collaboration with the Province helps us continue a growth trajectory. Our primary markets are seeing exceptional expansion, and Tulmar needs to capitalize on this opportunity. Our motto is Engineered for Protection. With this grant we can expand our business and continue to engineer for protection.” said Ryan McCormick, Accounting Analyst at Tulmar Safety Systems Inc.

Ontario is investing more than $100 million through the Regional Development Program from 2019 to 2023 to strengthen the advanced manufacturing sector and help meet regional needs. The program provides cost-shared funding to businesses, municipalities and economic development organizations to help local communities attract investment, diversify their economies, and create jobs.

Since 2019, the Province has provided more than $89 million in support of 82 projects through the Regional Development Program, leveraging more than $911 million in new investments and helping create more than 1,800 jobs in the province.

“Our government is proud to support local manufacturers across the province as they grow and create more good-paying jobs in their communities,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Investing in these types of community-building projects will help us continue to build Ontario and strengthen the economy. We thank Tulmar for making a significant impact in their community and for contributing to our province’s dynamic and growing manufacturing sector.”

QUICK FACTS

  • As part of the 2023 Ontario Budget, the government is proposing a new Ontario Made Manufacturing Investment Tax Credit, which would provide a 10 per cent refundable Corporate Income Tax credit to help local manufacturers lower their costs, invest in workers, innovate and become more competitive.
  • The government launched the Regional Development Program for Eastern and Southwestern Ontario in November 2019. Businesses and municipalities can get financial support through the Eastern Ontario Development Fund and Southwestern Ontario Development Fund and guided access to a range of complementary services and supports.
  • The government recently launched the Advanced Manufacturing and Innovation Competitiveness stream of the Regional Development Program. It will support Ontario advanced manufacturers to invest in the equipment, advanced technologies and skilled workforce needed to improve competitiveness and growth, and to create, retain and bring jobs back to every region of the province.

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MEDIA CONTACTS

Stephany Tessier

Stephany.tessier@pc.ola.org