EcoPoly to invest $32 Million in film manufacting facility in Ontario
EcoPoly Properties Inc. is a producer of plastic films and bags for flexible packaging. Their investment will enhance the company’s existing facility in Orillia and create over 80 new jobs.
As the first full-service plastics laboratory and manufacturing facility in the world, EcoPoly Properties Inc. produces high-quality biodegradable plastic products that service a wide range of industries. The company’s investment will be used to acquire new equipment and automation that will increase their current production capacity and competitiveness in the North American market.
In support of EcoPoly Properties’ investment, Ontario is providing more than $3.5 million in funding through the Southwestern Ontario Development Fund (SWODF) of the Regional Development Program.
“We are proud to be a Canadian company that has been innovating and growing since our founding in 1991,” said Bryon Wolff, Chief Technology Officer of EcoPoly Properties Inc. “Starting from scratch in a small town in Ontario and becoming competitive globally is a truly amazing accomplishment and a testament to our people. The support we have received from the SWODF has been instrumental in the implementation of the next phase of our growth.”