Local manufacturer files for bankruptcy, former employees claim they’ve been terminated
The manufacturing company Injection Technologies Inc. has filed for bankruptcy and insolvency and a number of former Kitchener employees tell CTV News they have been terminated.
Injection Technologies is based out of Windsor but their Kitchener facility, located on Ardelt Place, goes by the name Inject Tech Plastics. Their website states in 2018, IT Group added Inject Tech Plastics and then acquired the company Moldco, which focuses on custom molding, in 2020.
According to documents obtained by CTV News, Injection Technologies Inc., has filed for bankruptcy and insolvency and their receiver is Deloitte.
According to those documents, one of which is dated May 17, 2023, Injection Technologies, Inject Tech Plastics and Moldco are distinct legal entities but they operate as a single entity in several ways. For example, Injection Technologies is the named tenant on the lease for the Kitchener facility.
The document notes that the operation in Kitchener is not currently profitable and a receivership will allow for both locations to be marketed as standalone entities.
The sign outside of Inject Tech Plastics in Kitchener, seen on May 29, 2023. (CTV News/Heather Senoran)
The document states that there are about 160 employees between both Windsor and Kitchener. It is unclear exactly how many people were terminated in either location. CTV News heard from numerous people who claimed they were given a termination letter after an emergency meeting on Friday.
CTV News received a copy of the termination letter from Deloitte, dated May 26, that states that the termination is following the receivership of Injection Technologies Inc. and Moldco.
They said the doors were locked after the meeting. On Monday, the doors to the Kitchener facility were still locked.
We reached out to Injection Technologies, Inject Tech Plastics and Moldco. We were told that Deloitte is the only one who can comment. We reached out to Deloitte who said they have no comment at this time.
CTVNews.ca Top Stories
Young people 'tortured' if stolen vehicle operations fail, Montreal police tell MPs
One day after a Montreal police officer fired gunshots at a suspect in a stolen vehicle, senior officers were telling parliamentarians that organized crime groups are recruiting people as young as 15 in the city to steal cars so that they can be shipped overseas.
'It was joy': Trapped B.C. orca calf eats seal meat, putting rescue on hold
A rescue operation for an orca calf trapped in a remote tidal lagoon off Vancouver Island has been put on hold after it started eating seal meat thrown in the water for what is believed to be the first time.
Man sets self on fire outside New York court where Trump trial underway
A man set himself on fire on Friday outside the New York courthouse where Donald Trump's historic hush-money trial was taking place as jury selection wrapped up, but officials said he did not appear to have been targeting Trump.
Sask. father found guilty of withholding daughter to prevent her from getting COVID-19 vaccine
Michael Gordon Jackson, a Saskatchewan man accused of abducting his daughter to prevent her from getting a COVID-19 vaccine, has been found guilty for contravention of a custody order.
Mandisa, Grammy award-winning 'American Idol' alum, dead at 47
Soulful gospel artist Mandisa, a Grammy-winning singer who got her start as a contestant on 'American Idol' in 2006, has died, according to a statement on her verified social media. She was 47.
She set out to find a husband in a year. Then she matched with a guy on a dating app on the other side of the world
Scottish comedian Samantha Hannah was working on a comedy show about finding a husband when Toby Hunter came into her life. What happened next surprised them both.
B.C. judge orders shared dog custody for exes who both 'clearly love Stella'
In a first-of-its-kind ruling, a B.C. judge has awarded a former couple joint custody of their dog.
Saskatoon police to search landfill for remains of woman missing since 2020
Saskatoon police say they will begin searching the city’s landfill for the remains of Mackenzie Lee Trottier, who has been missing for more than three years.
Shivering for health: The myths and truths of ice baths explained
In a climate of social media-endorsed wellness rituals, plunging into cold water has promised to aid muscle recovery, enhance mental health and support immune system function. But the evidence of such benefits sits on thin ice, according to researchers.