VAUGHAN, Ont. - Cutler Forest Products received a grant for new technology and plant consolidation from Canada's Federal Economic Development Agency for Southern Ontario (FedDev Ontario). It is part of a $3.35 million overall project investment expected to create 40 jobs.
The FedDev Ontario funds may be up to $837,500, part of a government mission to help Canadian businesses increase productivity, expand operations and support job creation. Cutler Forest Products, through its three divisions, designs and manufactures ready-to-assemble cabinetry for kitchen, bath and closet storage solutions, as well as constructing and wholesaling wood products.
Cutler Forest Products, established in 1973, includes three operating divisions: Cutler Kitchen and Bath, Cutler Modern Living and Cutler Distribution & Fabrication. The company's main product lines are ready-to-assemble kitchen and bathroom cabinetry and storage solutions.
Jonathan Glick, Cutler Forest Products CEO.
"This investment will encourage growth and expansion for Cutler and will allow our company to focus on what is important," says Jonathan Glick, President & CEO, Cutler Forest Products. The government funding "will help create jobs and will present exciting challenges for Cutler, as we work towards expanding our operations and export opportunities."
Image courtesy Woodworking Canada
The investment will allow Cutler to acquire state-of-the-art equipment and consolidate its manufacturing services at a single 195,000-square-foot facility in Vaughan, increasing productivity and its capacity to innovate and become more competitive, the Glick says.
The project supports the company's efforts to expand its customer base and export of its products. It will also benefit the wood, laminate and veneer supply chains across Canada that provide materials to Cutler, according to the Canadian agencies involved in the program.
The repayable contribution of up to $837,500 is being provided through FedDev Ontario's Investing in Business Growth and Productivity initiative. FedDev Ontario is providing this investment toward a total project cost of $3,350,000. It is expected that up to 40 full-time, skilled jobs will be created by 2018 and that $2,512,500 will be leveraged through private sector investment.
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