# Tempo Plastics expands Innisfil flexible packaging plant with $14.4M upgrade and provincial loan

Tempo Plastics Ltd. is in the midst of a $14.4 million upgrade and expansion of its flexible packaging business in Innisfil, Ontario, which includes a new printing press and transformer, supported by a $2.2 million interest-free loan from the Province of Ontario announced July 23, 2021.

- Type: Expansion
- Announced: 2021-07-23
- Where: Innisfil, Ontario, Canada
- Value: $11.5M (14.4M CAD)
- Status: under construction
- Capacity: up to 2,000 pieces per minute printing press, up from 1,200 pieces per minute
- Products: polyethylene plastic films, flexible packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Tempo Plastics Ltd.](https://endata.com/companies/8210.md)
- [Government of Ontario](https://endata.com/companies/1008.md) (investor)

## Sources

- [orilliamatters.com](https://www.orilliamatters.com/midland-news/province-unveils-funds-to-aid-local-manufacturers-11-photos-3981320), 2021-07-23: "The province is providing a $2.2 million interest-free loan, through the Southwestern Ontario Development Fund, to support the expansion."

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