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J.P. Bowman Launches $7.55M Expansion

J.P. Bowman Launches $7.55M Expansion

Auto industry supplier J.P. Bowman Precision Tooling is embarking on a $7.55 million expansion project at its Brantford manufacturing plant.

The company, which makes tooling and dies for carmakers such as BMW, Mercedes, Volkswagen, Volvo, GM, Ford and Chrysler, plans to buy new equipment, add new products and hire 16 new workers as part of the project. The company currently employs 65 people.

Along with increasing its current capacity, the expansion will allow J.P. Bowman to produce larger dies capable of stamping higher strength steels.

“This investment is playing a pivotal role in giving us the confidence to expand, create highly skilled jobs, diversify our product line and stay competitive,” Jamie Bowman, the company’s president, said in a statement.

The company will spend nearly $6.795 million on the project, while the Ontario government will contribute $755,000 through the Southwest Ontario Development Fund.

The expansion is scheduled to be completed by May 2021.

For more information about J.P. Bowman Precision Tooling, please visit their website: www.jpbowmantool.com

Tags

Brantford , J.P. Bowman , Expansion , Government Grant , Manufacturing

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Business Retention and Expansion

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