Quebec-based Techo-Bloc will set up its first Ontario manufacturing facility in Ayr.
The move is expected to create 50 new jobs.
The provincial government is providing $1.5 million to Techo-Bloc through the Regional Development Program.
The announcement was made Thursday by Minister of Economic Development, Job Creation and Trade, Vic Fedeli, along with Cambridge MP Bryan May.
"Helping local communities and local municipalities create jobs will ensure that no region of Ontario is left behind as we emerge from the pandemic and lay the foundation for long-term growth and opportunity," Fedeli said. "By attracting private-sector investment, creating jobs, and supporting growth in the Ayr region, Techo-Bloc will be a corner stone in the community for years to come."
Techo-Bloc makes concrete pavement products primarily used for landscaping, as well as permeable pavement solutions that allow water to penetrate into the underlying ground and return to the local aquifer.
The company also plans to make the new Ayr facility its research and development hub for new products.
"We are thrilled to be establishing a manufacturing presence in Ayr Ontario," said Charles Ciccarello, Founder and President, Techo-Bloc Inc. "The support from our government will help us continue to innovate, support the local community, and compete at a North American level."
FedDev Ontario is also providing Techo-Bloc with a $2.5 million loan for the project.