Jeff Leal Minister Responsible for Small Business has said that “Our government’s investment is helping KSR diversify into new product lines, enhance its competitiveness and create good jobs in the community. Supporting advanced, value-added manufacturing is a key focus for our government, and the Southwestern Ontario Development Fund is just one of the ways we are helping the sector grow and thrive.” and
Liz Sandals MPP for Guelph said that “Our government is always pleased to support companies like KSR International Co. that are contributing to economic growth and creating good jobs. The company is a major employer in Ridgetown, and this project will help solidify important jobs that people and families rely on.”
Ontario is partnering with KSR International Co. to expand its production capabilities and invest in new equipment, creating 40 new jobs and retaining 607 positions in Ridgetown.
KSR International Co. is a leading auto parts manufacturer specializing in sensor, brake and accelerator assembly technology for the automotive sector. The company designs, engineers and manufactures a wide range of auto parts including electronic throttle controls, steering system control modules, and adjustable and fixed pedals.
With support from the Southwestern Ontario Development Fund, the company is expanding its offerings by adding four new brake pedal assembly products and two new suspension sensors. The company is also investing in new equipment to increase efficiency and expand production capabilities to serve clients better.
Investing in auto parts manufacturing is part of our plan to create jobs, grow our economy and help people in their everyday lives.