# Magest Building Systems invests $12.3M in Stratford expansion

Magest Building Systems Limited is investing $12,320,000 in an expansion project in Stratford, Ontario, supported by a $500,000 grant from the Southwestern Ontario Development Fund. The project will create 30 new jobs, protect 80 jobs, and include building additions, automated equipment, and a new hollowcore production line.

- Type: Expansion
- Announced: 2026-04-08
- Where: Stratford, Ontario, Canada
- Value: $9.20M (12.3M CAD)
- Jobs: 30
- Status: announced
- Products: hollowcore production, housing materials
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Magest Building Systems Limited](https://endata.com/companies/91279.md)

## Sources

- [matthewrae.ca](https://matthewrae.ca/rae-announces-over-12-million-investment-in-local-manufacturing-company-expansion/), 2026-04-08: "Magest is proud to receive support from the Southwestern Ontario Development Fund (SWODF) for our new hollowcore production facility in Stratford."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.