TNR Doors gets Ontario grant to help build manufacturing plant

TNR Industrial Doors Inc., a manufacturer of high-performance rubber, freezer and cooler doors is spending $40 million to build a new advanced manufacturing facility in Oro-Medonte, near Barrie, Ontario, about an hour north of Toronto.

Ontario will provide TNR Industrial Doors Inc. with $5 million through the Regional Development Program’s Southwestern Ontario Development Fund.

TNR Industrial Doors, which is  a subsidiary of German-owned Hörmann Group, will build a new 120,000 square-foot facility with advanced automation technology to increase production and reduce costs.

“This new facility of the family-run Hörmann Group signifies more than just bricks and mortar,” said Marcus von Reden, President of TNR Industrial Doors Inc. “It symbolizes the spirit of progress, the promise of employment, and the hope of a brighter future for this community. The manufacturing facility we are breaking ground on today will create jobs, drive economic growth, and put Oro-Medonte on the map as a hub for cutting-edge technological advancements in the world of door manufacturing.”

“Ontario’s manufacturing sector continues to grow thanks to companies like TNR Industrial Doors,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade.

“Through our Regional Development Program, our government is creating the right conditions for manufacturers to expand and create new jobs for workers in communities across the province. Thank you, TNR Industrial Doors, for strengthening your presence in Ontario.”

The Regional Development Program for Eastern and Southwestern Ontario was launched in November 2019. Through the program, businesses and municipalities can get financial support and guided access to a range of services and supports.

In 2022, the government launched the Advanced Manufacturing and Innovation Competitiveness stream of the Regional Development Program. It supports advanced manufacturers across the province, including those in the automotive, aerospace, chemical, life sciences and steel sectors, to invest in the equipment, advanced technologies and the skilled workforce needed to improve competitiveness and growth, and to create and retain jobs across the province.

As part of the 2023 Ontario Budget, the government introduced the Ontario Made Manufacturing Investment Tax Credit, which provides a 10 per cent refundable Corporate Income Tax credit to help local manufacturers lower their costs, invest in workers, innovate and become more competitive.