Ontario offers technology, training funding for auto parts suppliers
Will contribute to technology adoption and lean manufacturing efforts.
WINDSOR, Ont. — The Ontario government is partnering with auto parts companies to invest in technology and training.
It launched its Ontario Automotive Modernization Program (O-AMP) at the annual meeting of the Canadian Association of Moldmakers Sept.9
Total funding for the program is $10 million over three years.
The new program invests with small- and medium-sized automotive parts suppliers in projects that fall under technology adoption and lean manufacturing categories.
Technology adoption includes advanced manufacturing hardware, software and/or training to improve processes and enhance competitiveness.
Lean manufacturing includes projects that support training in lean manufacturing practices to minimize waste during the production process and optimize productivity.
Funding will cover as much as 50% of eligible project costs up to $100,000 with companies contributing the remainder.