Automotive parts injection molder Global Plas Inc. is expanding its manufacturing operations in Concord, Ontario.
The Canadian company has received C$2.5 million (US$1.8 million) in funding assistance from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) to scale up operations and add new equipment.
The funding will allow Global Plas to renovate a newly acquired 71,000-square-foot facility that is adjacent to its existing 55,000-square-foot plant in Concord, according to an Aug. 22 news release from FedDev Ontario.
The company is also adding production lines, installing four injection molding machines and investing in advanced robotics and automation equipment, the release said. The project is expected to create 50 jobs.
"The ever-changing environment in North America shows that Canadian companies, both large and small, need to push further than they ever have," John Hunjan, director of finance and material planning and logistics at Global Plas, said in a statement.
"Support from the government of Canada — through FedDev Ontario — shows that we are not alone and can be the leaders in our fields, bringing us into an age of robotic technologies that give us an edge in our industry," he said.
Hunjan did not return messages from Plastics News seeking additional comment.
Global Plas is a Tier 2 supplier of interior, exterior and under-the-hood plastic parts for the automotive industry. It also has closed-loop electrostatic flocking operations for glove boxes, console bins and coin boxes. The company serves customers in the United States, Canada and Japan.
Global Plas has a five-year contract with Japanese automaker Toyota Motor Corp. to mold door and fender parts for the Toyota RAV4, according to the release. Toyota manufactures the compact crossover at its plant in Woodstock, Ontario.