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Feds ante up $9.3M to help Simcoe County auto‑parts maker thrive
Summary
The federal government announced up to $9.3 million from FedDev Ontario for Kumi Canada’s Bradford facility to support equipment upgrades and help maintain about 60 jobs.
Content
Federal Innovation Minister Evan Solomon announced up to $9.3 million in funding for Kumi Canada at the company’s Bradford West Gwillimbury facility on Feb. 9. The money is being delivered through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) as part of a regional tariff response initiative. Kumi manufactures automotive parts using plastic injection, automation and 3D printing at its 18,580-square-metre plant and counts Honda Canada among its customers. Company leaders said the funding will support new equipment and processes to prepare for upcoming vehicle models and help preserve local employment.
Key facts:
- The announcement covers as much as $9.3 million in FedDev Ontario funding for Kumi Canada’s Bradford facility.
- Kumi’s plant is about 18,580 square metres and makes parts using plastic injection, automation and 3D printing.
- The company expects the funding to support investments in automation and digitization and to help maintain about 60 jobs at the site.
- The funding is part of the federal regional tariff response initiative (RTRI), a program intended to help businesses address tariff and trade disruptions.
- The RTRI is one element of broader federal measures announced in response to recent tariff actions between Canada and the United States.
- Kumi previously received roughly $2 million from FedDev Ontario in 2021 to expand the Bradford location and increase production capacity.
Summary:
The funding is intended to help Kumi modernize equipment and processes, support workforce retention and position the facility for new vehicle work expected within two to three years. Municipal leaders and the federal minister noted the announcement as part of wider efforts under the RTRI; further discussions between local officials and the minister were mentioned but detailed next steps were not specified.