Woodbridge Foam Corporation

$20,000,000.00 CAD

≈ $0.48 for every person in Canada ≈ 258 Canadians' average pay for a year
Department
Innovation, Science and Economic Development Canada
Program
SIF Stream3- Attraction
Recipient country
Canada
Fiscal year
2019-2020
Agreement period
August 1, 2019 – October 31, 2024
Reference
ic:033-2019-2020-Q3-812797

Published purpose

Woodbridge will modernize two of its plants into state-of-the-art manufacturing facilities and create a Centre of Excellence where it will centralize its global research and development (R&D) activities in advanced materials and product design of molded foam products, such as car seats and armrests. This will help the company increase production, better meet market demand for products, secure new business, and create and maintain highly skilled manufacturing jobs in Canada.

In plain English AI-generated

Funding to modernize two Woodbridge Foam plants and create a Centre of Excellence for R&D in advanced materials and molded foam products, supporting production and skilled manufacturing jobs in Canada.

Category: Research Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

Community tags

Tags are applied by readers, not by this site. One tag per person per record.

Good value Local impact Needs context Questionable Success story Wasteful
View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions