Ministry Responsible for Small Business
Ontario Partners with Dynacast to Support Local Jobs
Peterborough, ON – Aug 31, 2017
Ontario is partnering with Dynacast Ltd. to help the company expand its operations, creating 10 new jobs and retaining 117 positions in Peterborough.
Jeff Leal, Minister Responsible for Small Business, made the announcement today.
Dynacast is a leading manufacturer of precision engineered metal components. The company specializes in die casting and customized small component assembly systems, with products ranging from cell tower parts to gaming headsets. It serves customers in 24 countries around the world in various industries such as automotive, consumer electronics and healthcare.
With support from the Eastern Ontario Development Fund, the company is upgrading its Peterborough facility to accommodate new equipment. It will also provide training to staff on the use of the new machinery. This will help the company boost its productivity and efficiency, increasing exports and creating jobs.
Investing in eastern Ontario businesses is part of our plan to create jobs, grow our economy and help people in their everyday lives.
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