Thornhill Manufacturing Investment Petra Expands Production and Supports Local Job Growth
The investment, announced April 10, will support the creation of 16 new good-paying jobs while strengthening local manufacturing capabilities and supply chains.
Expanding production and reshoring supply chains
According to the province, Petra will undertake an advanced manufacturing scale-up project at its Thornhill facility, increasing production capacity by 110 per cent through the addition of new technologies and equipment.
The expansion will also allow the company to reshore manufacturing for three existing clients that currently rely on international suppliers, a move the province says will help reduce supply chain vulnerabilities and support domestic production.
Provincial funding supports growth
To support the project, Ontario is providing $464,294 in funding through the Regional Development Program’s Advanced Manufacturing and Innovation Competitiveness (AMIC) stream.
The province says the funding will help Petra invest in advanced manufacturing equipment to improve efficiency, productivity and competitiveness in a global market.
Strengthening Ontario’s manufacturing sector
Ontario officials highlighted the broader importance of manufacturing to the provincial economy, noting the sector employs more than 800,000 workers.
“Employing more than 800,000 workers across the province, Ontario’s manufacturing sector is the economic engine of our nation,” said Minister of Economic Development, Job Creation and Trade Vic Fedeli. “Our government is proud to support local companies like Petra as they expand their operations.”
MPP Laura Smith added that the investment will help support local economic growth and job creation in Thornhill.
Part of broader regional investment strategy
The Petra project is part of Ontario’s Regional Development Program, which has invested over $230 million to support manufacturers and regional economic priorities across the province.
To date, the program has supported more than 180 projects, leveraging over $2.6 billion in new investments and helping create more than 5,500 jobs.
The government says continued investments in advanced manufacturing are key to building a resilient, competitive economy, particularly amid ongoing global trade pressures and supply chain challenges.
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