Ontario Welcomes $10.8 Million Manufacturing Investment

UCEL Inc. will create 25 new, good-paying jobs in Uxbridge

UXBRIDGE — The Ontario government is supporting an investment of $10,821,714 by UCEL Inc. to boost local manufacturing and create 25 new, good-paying jobs in Uxbridge.

This funding was announced today by Peter Bethlenfalvy, Member of Provincial Parliament for Pickering-Uxbridge.

“Our government is building a vibrant Ontario and creating the conditions for a strong economy by supporting key investments in our community,” said MPP Peter Bethlenfalvy. “UCEL Inc.’s investment will boost the local manufacturing sector and create more good-paying jobs for workers and families in Uxbridge.”

“With this investment, UCEL will expand their operations and adopt new technologies that will allow them to offer new elevator system supporting solutions. The investment will also see UCEL bring additional manufacturing capabilities in-house, reshoring specific work currently outsourced overseas and create skilled jobs that will increase the company’s competitiveness in North America.”

“Employing more than 800,000 workers across the province, Ontario’s manufacturing sector is the economic engine of our nation,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Our government is proud to support local manufacturers like UCEL Inc. as they expand their operations, and we thank them for their contributions to Ontario’s dynamic and growing manufacturing ecosystem.”  

In support of their investment, Ontario is providing UCEL Inc. with $1,390,793 in funding through the Regional Development Program’s Advanced Manufacturing and Innovation Competitiveness (AMIC) Stream.

“We applaud our provincial government’s commitment to major infrastructure projects, which aligns perfectly with our capabilities and vision for sustainable, innovative construction solutions. UCEL’s expansion represents more than just growth in numbers—it’s about broadening our impact. We’ll be creating jobs, forging partnerships with local communities, and contributing to sustainable development. Together, we’ll construct not just buildings and infrastructure, but a brighter future for our company and for the communities we serve. – Mack Csaszar, President UCEL Inc.

Ontario is investing $180 million through its Regional Development Program to help manufacturers across the province grow while supporting distinct regional priorities. To date, Ontario has supported more than 135 projects through the program, leveraging more than $1.9 billion in new investments and helping to create over 3,500 jobs.

QUICK FACTS

  • The government launched the Regional Development Program (RDP) for eastern and southwestern regions of Ontario in November 2019. Through this program, businesses and municipalities can get financial support and guided access to a range of complementary services and supports.
  • In 2022, the Advanced Manufacturing and Innovation Competitiveness (AMIC) stream of the RDP was launched to support advanced manufacturers across the province. Ontario is now providing additional funds to enhance the AMIC stream that will help more firms with the financial support and tools needed to improve competitiveness, while strengthening essential supply chains.
  • The government is delivering tax support to Ontario manufacturers by continuing to offer the Ontario Made Manufacturing Investment Tax Credit to eligible businesses. These manufacturers could receive up to $2 million per year in tax support to help lower their costs, encourage innovation, and enhance competitiveness.
  • The 2024 Ontario Economic Outlook and Fiscal Review: Building Ontario for You continues to take a fiscally responsible and targeted approach to maintaining Ontario’s competitive status and unlocking new opportunities across key sectors.

ADDITIONAL RESOURCES