An investment by the Ontario government will see 12 new jobs created at a Tecumseh tool and die company.

Ontario’s minister of economic development, trade and employment, Eric Hoskins announced a $560,200 grant Wednesday, for manufacturing firm Saturn Tool and Die. The announcement will create 12 new jobs and retain 32 existing ones.

“We’re proud to support companies like Saturn Tool and Die that are contributing to Ontario’s economic growth and creating good jobs,” says Hoskins.

Saturn will use the money to purchase new equipment.