New-Form Tools gets a boost from the provincial government

What started as an idea and a single drill press in the family home basement has now grown to be a multi-million-dollar company in Stratford.

New-Form Tools is one of only three manufacturing facilities worldwide that offers specialty circular saw blades and cutting systems for high-tensile and high-strength materials. They recently received a provincial grant to help boost production and advance tooling.

“Sometimes I have to pinch myself and think, ‘This is really happening; we’re shipping our products all over the world,’ ” said Jim Jantzi, president and tool-and-die maker “We've become the best saw maker in the world, and it's through these grants and programs that we’ve participated in that helped us to get to this point.

“In conjunction with the Southwestern Ontario Development Fund and the provincial government, New-Form Tools has been able to grow technologies for the Steel Industry for both tube manufacturing and solid-steel bar cutting. New-Form Tools has become a world leader in cutting technologies with exports to most industrialized countries.”

Perth-Wellington MPP Matthew Rae stopped by New-Form Tools at 232 Lorne Ave. E in Stratford to congratulate the business on its work helping boost the local economy and to discuss how the findings will be used to boost production.

“Our provincial government will continue to support our thriving manufacturing sector across rural Ontario,” said Rae. “This investment will help retain and create new, high-skilled, good-paying jobs in the City of Stratford. It will also help make a local employer more resilient to global supply chain shocks.”

The funding is part of New-Form Tools’ total investment of $5.9 million to expand its existing Tungsten Carbide Tip (TCT) circular sawblade manufacturing and develop new manufacturing processes to enhance in-house production.

The project will utilize advanced technology and proprietary methods to improve efficiency and reduce waste. The investment will also reduce reliance on the global supply chain, as saw bodies will be manufactured in-house.

Jantzi says the funding will also help maintain 48 jobs at New-Form Tools and create at least 13 new ones.

Jantzi’s wife, Carolyn Jantzi, is the business co-owner and their sons – Tyler Jantzi, director of sales, Jarret Jantzi, director of product development, and Andrew Jantzi, P.Eng. engineering and quality management – all play a big part in the company's development and growth, alongside the other employees.

“I'm very proud of our employees,” said Jim Jantzi. “We’re very grateful for all the exciting work each and every one of them had in helping to develop the technology that's now number one in the world.”

Ontario is investing $150 million through its Regional Development Program to help manufacturers across the province grow while supporting distinct regional priorities. To date, Ontario has supported more than 110 projects through the program, leveraging more than $1.6 billion in new investments and helping to create over 3,000 jobs.

Amanda Modaragamage, Local Journalism Initiative Reporter, Stratford Times