AURORA, ON – March 27th, 2024 – As part of our commitment to continuous improvement and sustainable growth, Axiom Group Inc. has embarked on a new journey designed to optimize our Canadian operations while prioritizing the well-being of our employees and stakeholders. These changes are to minimize any potential impact on our valued workforce while creating a more streamlined and efficient organization at a global scale.
“At Axiom, we recognize the importance of adapting to the evolving needs of the manufacturing industry and our customers. Our proactive approach to market conditions and changes are driven by a commitment to better serve our employees, stakeholders, and the communities in which we operate.” – Perry Rizzo, President & CEO
Despite current market conditions, Axiom remains optimistic about the future. We anticipate demand to rebound starting in 2025, driven by recent large customer contracts and the establishment of new production plants in the USA and Mexico. These new facilities are scheduled to commence operations in late 2024 and are expected to reach full production capacity by 2025.
As we move forward with these growth plans and objectives, Axiom remains focussed and supportive to our valued customers, suppliers, and employees. We are confident that these strategic initiatives will pave the way for unprecedented growth and success in the years to come.
ABOUT AXIOM GROUP
Since 1987, Axiom Group has been a leading engineered solutions provider by delivering the highest quality products with industry-leading technical support. With manufacturing and engineering centers located in Canada, USA and Mexico, Axiom Group holds more than twelve patents for invention from the United States Patent and Trademark Office. Axiom Group pushes the status quo to provide innovative solutions to the automotive industry’s biggest challenges. Learn more at www.axiomgroup.ca.
Contact: Katrina Murray – Marketing Coordinator, Axiom Group Inc.
Phone: 416-455-3973
Email: katrina.murray@axiomgroup.ca
