Ontario Partners with Cimpress to Create Jobs in Windsor
Ontario’s partnership with Cimpress (Vistaprint) has helped the company invest in new technology and grow its business, creating 50 new jobs in Windsor.
Cimpress is a world leader in mass customization of a range of products that include business cards and t-shirts. With over $894,000 in support from the Southwestern Ontario Development Fund, Cimpress purchased an offset press and other equipment to support production of customized products for its Vistaprint brand as well as other brands in the company’s portfolio. Vistaprint is a leading online provider of professional marketing products and services to micro business owners.
The Southwestern Ontario Development Fund is helping to create jobs in Windsor and diversify the economy by encouraging regional businesses to pursue innovation and new markets. It was modelled on the proven Eastern Ontario Development Fund. Together these two funds are helping to create and retain more than 42,000 jobs in Ontario and attract more than $1.9 billion in investment to local economies.
“We are pleased to support Cimpress through the Southwestern Ontario Development Fund. It is a truly global company that uses the internet, software and continual innovation to create customized products for everyone. Investment support for forward thinking companies like this helps the province shift from traditional manufacturing to more advanced manufacturing, which is creating jobs and economic growth.” — Brad Duguid, Minister of Economic Development and Growth
The funds cover up to 15 per cent of eligible project costs, with the recipient company funding the remainder from its own resources. This leveraging of private sector investment provides enhanced value for taxpayers.
Investing in southwestern Ontario is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs in Windsor. The four-part plan includes helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest infrastructure investment in hospitals, schools, roads, bridges and transit in Ontario’s history and is investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
“We are excited to have partnered with the province of Ontario on this project. The new offset press is helping Cimpress reach new markets, including high-end clients and graphic designers. It is also helping us improve productivity and reduce product costs.” says Kevin Lane, Finance Director, Cimpress
- Cimpress N.V. (Nasdaq: CMPR) is a global company with more than 7,500 employees across more than 40 offices and manufacturing facilities around the world. Last year the company customized more than 46 million unique items.
- The Windsor plant is Cimpress’ largest manufacturing facility. The plant houses an array of embroidery and printing equipment, including offset and digital presses. Offset printing is a common technique where an inked image is transferred from a plate to a rubber blanket and then to the printing surface.
- Since October 2012, Ontario has committed to invest approximately $95 million through the Southwestern Ontario Development Fund, leveraging private-sector investment of more than $1.1 billion. These investments are helping to create over 4,300 new jobs and retain more than 20,000 existing jobs in the region.
- Ontario is accepting applications for the Southwestern Ontario Development Fund from qualified businesses that are growing and creating jobs. Sectors eligible for the fund include advanced manufacturing, food processing, life sciences, information and communications technology, tourism and cultural industries.
- Ontario’s five-year, $400-million Business Growth Initiative is helping to grow the economy and create jobs by promoting an innovation-based economy, helping small companies scale-up and modernizing regulations for businesses.