|

Ontario Welcomes $40 Million Manufacturing Investment

TNR Industrial Doors’ expansion will create good-paying jobs in Oro-Medonte

October 27, 2023

Ontario Welcomes $40 Million Manufacturing Investment

The Ontario government is welcoming a $40 million investment by TNR Industrial Doors Inc., a leading manufacturer of high-performance rubber, freezer and cooler doors. The investment will be used to build a new advanced manufacturing facility that will create 30 new, good-paying jobs in Oro-Medonte.

“Ontario’s robust manufacturing sector continues to grow thanks to companies like TNR Industrial Doors,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Through our Regional Development Program, our government is creating the right conditions for manufacturers to expand and create new jobs for workers in communities across the province. Thank you, TNR Industrial Doors, for strengthening your presence in Ontario.”

Vic Fedeli, Minister of Economic Development, Job Creation and Trade

With their $40 million investment, TNR Industrial Doors Inc. — a subsidiary of German-owned Hörmann Group — will build a new 120,000 square-foot facility with advanced automation technology to increase production and reduce costs.

To support this investment, Ontario will provide TNR Industrial Doors Inc. with $5 million through the Regional Development Program’s Southwestern Ontario Development Fund.

“This new facility of the family-run Hörmann Group signifies more than just bricks and mortar,” said Marcus von Reden, President of TNR Industrial Doors Inc. “It symbolizes the spirit of progress, the promise of employment, and the hope of a brighter future for this community. The manufacturing facility we are breaking ground on today will create jobs, drive economic growth, and put Oro-Medonte on the map as a hub for cutting-edge technological advancements in the world of door manufacturing.”

Marcus von Reden, President of TNR Industrial Doors Inc.

Ontario is investing $140 million through its Regional Development Program to help manufacturers across the province grow and create new, good-paying jobs. To date, Ontario has provided over $110 million to support 100 projects through the program, leveraging over $1.1 billion in new investments and helping to create more than 2,300 jobs.

Quick Facts

  • The Regional Development Program for Eastern and Southwestern Ontario was launched in November 2019. Through the program, businesses and municipalities can get financial support and guided access to a range of services and supports.
  • In 2022, the government launched the Advanced Manufacturing and Innovation Competitiveness stream of the Regional Development Program. It supports advanced manufacturers across the province, including those in the automotive, aerospace, chemical, life sciences and steel sectors, to invest in the equipment, advanced technologies and the skilled workforce needed to improve competitiveness and growth, and to create and retain jobs across the province.
  • As part of the 2023 Ontario Budget, the government introduced the Ontario Made Manufacturing Investment Tax Credit, which provides a 10 per cent refundable Corporate Income Tax credit to help local manufacturers lower their costs, invest in workers, innovate and become more competitive.

Additional Resources

Learn more about the Regional Development Program

Source

Related Story

Ontario Attracting Investments to Build a Resilient Economy

Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement on the monthly employment release by Statistics Canada, which showed that while jobs in Ontario decreased in July 2023, the manufacturing sector saw an increase of 7,800 jobs.

Related Articles


Latest Articles

  • Festo Didactic Showcases Technical Education and Training at Hannover Messe 2025

    Festo Didactic Showcases Technical Education and Training at Hannover Messe 2025

    May 20, 2025 By Krystie Johnston Hannover Messe 2025 was an extra special event for Festo. The Festo Group celebrated their 100th anniversary, Festo Canada celebrated their 50th anniversary, and Festo Didactic celebrated their 60th anniversary. Festo Didactic, the education arm of the company, understands how important education is for empowering individuals, driving economic growth,… Read More…

  • EtherCAT in Boost Mode

    May 14, 2025 EtherCAT and PC-based control in test bench technology EtherCAT is by far the fastest Industrial Ethernet technology. Nevertheless, the data acquisition process at Kraus & Naimer’s cam controller test benches called for an even shorter bus cycle. To achieve the required performance, Beckhoff specialists reduced the previous cycle time from 100 µs… Read More…


Featured Article

Revolutionizing Material Movement with Autonomous Mobile Robots

Revolutionizing Material Movement with Autonomous Mobile Robots

In today’s fast-paced manufacturing and logistics industries, the need for efficient and flexible material movement solutions has never been greater. Traditional methods like conveyor systems, forklifts, and manual pushcarts have served us well, but they come with limitations.

That’s why Omron is thrilled to announce the launch of their game-changing MD Series of Autonomous Mobile Robots (AMRs). Read more


Products

  • Electromate to Offer UR7e, UR12e & UR15 Collaborative Robots from Universal Robots

    May 20, 2025 Electromate is expanding its lineup of collaborative automation solutions with the addition of three advanced models from Universal Robots: the UR7e, UR12e, and UR15. These robots provide enhanced options for payload, reach, and precision in demanding collaborative applications. The UR7e delivers a 7 kg payload, 1300 mm reach, and ±0.03 mm repeatability. Positioned between the UR5e and… Read More…

  • Redefining Non-Invasive Temperature Measurement

    May 14, 2025 iTHERM SurfaceLine TM611 provides accuracy and response time comparable to invasive temperature measurement. The non-invasive thermometer iTHERM SurfaceLine TM611 by Endress+Hauser can be used across all industries for a wide range of demanding industrial applications. The surface-mounted thermometer measures process temperature without the risk of leakage and flow disruption. A specially designed… Read More…