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After Receiving $5M in Federal Funding, Markham’s ventureLAB to Pick ‘First Cohort’ Companies Vaughan Headquartered Daisy Intelligence Wins AI Technology Award

Vaughan-Based Woodbridge Foam Corporation Gets $20 Million to ‘Modernize’ 2 Plants

Man tests foam headrestTo boost its “competitiveness,” Woodbridge Foam Corporation has received up to $20 million from the government to create 110 jobs, Navdeep Bains, minister of Innovation, Science and Economic Development, announced Tuesday.

The investment is part of an overall $100-million “modernization project” run by Woodbridge Foam Corporation, said Bains at the company’s headquarters in Woodbridge, adding that this will maintain more than 727 jobs in Woodbridge and Blenheim and sustain middle-class manufacturing positions.

Full Article: yorkregion.com

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