For Immediate Release
Kingston
12/16/2011

 

New Support For Manufacturing Company Creates 20 Jobs: McGuinty Government Moving Economy Forward

 

NEWS

Ontario is helping Transformix Engineering Inc. create 20 new full-time jobs and retain 80 highly-skilled positions in Kingston. 

With the province’s support, the company will purchase and install new machines to build larger and more complex equipment for multinational manufacturing companies. The expansion will allow the company to better serve it clients, increase competitiveness, and become a leader in factory automation systems and products.

Ontario is providing a strong and stable environment for businesses to grow and create good jobs for families in the face of global economic uncertainty. These new jobs will build upon the 124,800 net new full-time jobs that have already been created in Ontario so far this year.

Partnering with local business and supporting innovation is a key component of the McGuinty Government’s plan to ensure families can find work while securing Ontario’s future in the new global economy.

 

QUOTES

“Advanced manufacturing is a key part of Ontario’s strategy to create the next generation of jobs and make innovation a driving force of economic growth.  Our partnership with Transformix Engineering Inc. supports this strategy with new jobs and expanded outputs for this home-grown Kingston company.
― Brad Duguid, Minister of Economic Development and Innovation

“Transformix Engineering Inc. is a wonderful example of what Kingston’s highly-skilled labour force can accomplish. This project will help the company continue to forge ahead with new manufacturing processes while boosting our local economy.”
― Minister John Gerretsen, MPP for Kingston and the Islands

“We are delighted to partner with the Ontario government in an investment that will help us continue to grow, and secure new clients. The expansion will allow us to build larger and more complex manufacturing systems that Transformix sells worldwide.”
― Peng-Sang Cau, President & CEO

 

QUICK FACTS

• Transformix Engineering Inc. is a Kingston success story. Owned and operated by four Queen’s University graduates, it has grown from a basement-run operation to become a trusted supplier of engineering and manufacturing excellence, employing over 80 people in Ontario, the U.S. and Brazil.
• The company serves many industries including oil & gas, nuclear, alternative energy, medical devices, pharmaceuticals, food & beverage, telecommunications and consumer disposables.
• Ontario recently introduced the Attracting Investment and Creating Jobs Act that, if passed, would make the make the Eastern Ontario Development Fund permanent and create the new Southwestern Ontario Development Fund.
• In 2010, Ontario was named a top destination for foreign direct investment in North America, second only to California. The province attracted a total of 127 Foreign Direct Investment projects, which created more than 11,200 jobs.
• As a result of the tax changes implemented in Ontario, taxes on business investment were cut in half, making Ontario more competitive and encouraging business growth.

 

LEARN MORE

• See Ontario’s plan to support job creation.
• Take a look at the programs and services available to help your business grow.
• Read Ontario’s 2011 Progress Report.

For more information:

Andrew Block
Minister's Office
416-325-0362

Dominique Paquet
Communications Branch
416-325-8775

ontario.ca/economy-news

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