The investment will create 28 new jobs and protect 145 existing positions.
Ontario is investing more than $4.1 million to support ArcelorMittal Tailored Blanks in Oxford County as the company expands production and reshapes its supply chain. The funding comes through the Ontario Together Trade Fund, introduced in the 2025 Ontario Budget to help businesses facing U.S. tariff pressures.
ArcelorMittal Tailored Blanks is investing over $69.6 million to build a new facility that will vertically integrate blanking operations and bring production back from the United States. The project is expected to reduce tariff exposure, increase manufacturing capacity in Ontario, and support new markets across the country.
The investment will create 28 new jobs and protect 145 existing positions, supporting a total of 173 workers across Oxford.
Oxford MPP Ernie Hardeman says the funding will make a real difference for local manufacturers. “Through the Ontario Together Trade Fund, our government is stepping up for the businesses in our community who’ve been directly affected by U.S. tariffs,” he said. “ArcelorMittal’s investment will help them adapt, stay competitive and continue creating good jobs in these uncertain times.”
More than 140 applications have already been submitted to the fund, prompting the province to add another $100 million to meet demand.
