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
More than 115 cases of eye damage reported in Ontario after solar eclipse
More than 115 people who viewed the solar eclipse in Ontario earlier this month experienced eye damage after the event, according to eye doctors in the province.
Toxic testing standoff: Family leaves house over air quality
A Sherwood Park family says their new house is uninhabitable. The McNaughton's say they were forced to leave the house after living there for only a week because contaminants inside made it difficult to breathe.
Decoy bear used to catch man who illegally killed a grizzly, B.C. conservation officers say
A man has been handed a lengthy hunting ban and fined thousands of dollars for illegally killing a grizzly bear, B.C. conservation officers say.
B.C. seeks ban on public drug use, dialing back decriminalization
The B.C. NDP has asked the federal government to recriminalize public drug use, marking a major shift in the province's approach to addressing the deadly overdose crisis.
OPP responds to apparent video of officer supporting anti-Trudeau government protestors
The Ontario Provincial Police (OPP) says it's investigating an interaction between a uniformed officer and anti-Trudeau government protestors after a video circulated on social media.
An emergency slide falls off a Delta Air Lines plane, forcing pilots to return to JFK in New York
An emergency slide fell off a Delta Air Lines jetliner shortly after takeoff Friday from New York, and pilots who felt a vibration in the plane circled back to land safely at JFK Airport.
Sophie Gregoire Trudeau on navigating post-political life, co-parenting and freedom
Sophie Gregoire Trudeau says there is 'still so much love' between her and Prime Minister Justin Trudeau, as they navigate their post-separation relationship co-parenting their three children.
Last letters of pioneering climber who died on Everest reveal dark side of mountaineering
George Mallory is renowned for being one of the first British mountaineers to attempt to scale the dizzying heights of Mount Everest during the 1920s. Nearly a century later, newly digitized letters shed light on Mallory’s hopes and fears about ascending Everest.
Loud boom in Hamilton caused by propane tank, police say
A loud explosion was heard across Hamilton on Friday after a propane tank was accidentally destroyed and detonated at a local scrap metal yard, police say.