Precision Machining Industry- A Canadian Impact
Parts made my precision machine contract manufacturers in Ontario play a major role in four of Ontario’s five largest international exports- Motor vehicles and parts (34.7%); Mechanical Equipment (9.2%); Electrical Machinery (4.0%); and Plastic Products (3.5%). (Precision machined components are often molded into many plastic parts and assemblies.) Just 60 shops in the sector contribute over a quarter of a billion dollars in GDP.