Beneco Packaging, Coburg, Ont., is investing $7 million to purchase new automated equipment that will expand their product line and increase and speed up production. The new equipment will help the company meet growing domestic and international demand for a wide range of packaging products. As part of this investment, Beneco Packaging will receive $500,000 in funding through the Regional Development Program’s Eastern Ontario Development Fund.
“The Eastern Ontario Development Fund is significantly boosting our growth, enabling operational expansion and rapid response to customer demands,” said Carol Jiang, president of Beneco Packaging. “This support is facilitating the integration of cutting-edge technology, enhancing efficiency, while advanced training programs empower our workforce and amplify regional economic vitality.”
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