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advanced manufacturing investment strategy

Advanced Manufacturing Investment Strategy (AMIS)

The $500-million AMIS program provides repayable loans, interest free for up to five years, to encourage companies to invest in leading-edge technologies and processes.

Ontario re-launches new and improved AMIS program

Significant enhancements to the AMIS program are in effect immediately:

  • Loan component increased to 30 per cent (previously 10 per cent)
  • Reduced thresholds of 50 jobs created/retained or $10 million invested (previously 100 jobs/$25 million)
  • Continuous intake of applications (no need to wait for the next call for proposals).

These measures make AMIS more user-friendly, will enable more companies to benefit from the program, and offer greater access to capital at a lower cost.

In most cases, companies will receive a decision within 45 days of submitting a complete application.

Download the AMIS program brochure.

Application Materials

Not sure if your project will meet the AMIS program objectives and criteria?

Interested companies are invited to meet with the AMIS team, without obligation, to discuss a potential project proposal or conduct a pre-assessment review of a project application prior to formal submission.

Contact the AMIS team

Advanced Manufacturing Investment Strategy (AMIS)
Ministry of Economic Development
Sector Competitiveness Branch
6th Floor, Room 611A, Hearst Block
900 Bay Street
Toronto, ON, M7A 2E1
Tel: 416-325-6867
Fax: 416-314-7014
Email: AMIS@ontario.ca

Announced AMIS Projects

Company
(links to corporate website)

Announcement Date
(links to news release)

   
Hanwha L&C Canada Inc. November 13, 2008
2Source Manufacturing Inc. August 18, 2008
Stanpac Inc. July 11, 2008
Pack-Smart April 21, 2008
Kellogg Canada Inc. March 6, 2008
Heroux Devtek Inc. January 8, 2008
Bioniche Life Sciences Inc. December 18, 2007
Dofasco August 24, 2007
Toyota Boshoku Canada August 22, 2007
Ferrero Canada Ltd. August 21, 2007
Toyotetsu Canada Inc. August 7, 2007
Skyjack Inc. May 14, 2007
Roxul Inc. March 15, 2007
Koolatron Corporation March 7, 2007
Flakeboard Company March 1, 2007
FAG Aerospace Inc. February 20, 2007
Procter & Gamble Inc. June 26, 2006
Diamond Aircraft Industries June 23, 2006

 



did you know
  • Ontario has the third highest number of manufacturing employees of any jurisdiction in North America, after California and Texas.
  • At over $580 billion, Ontario's GDP is already greater than Switzerland's or Sweden's.
  • 56% of Ontario's workforce has a post-secondary education - the highest rate in the industrialized world.