Linamar Corporation Expands Ontario, Canada, Production Operations
02/03/2025
The investment includes the retooling of the company’s multiple existing facilities in the province to develop and commercialize vehicle powertrain solutions, as well as other green automotive technologies.
“We are very excited to announce this new investment program with both the Canadian Federal and Ontario Provincial Governments. Linamar has long shown its commitment to innovation by investing in product design, new capabilities and manufacturing capacity to lead advancements in mobility. Linamar is focused on developing products for every type of vehicle propulsion and for systems that are propulsion agnostic in the vehicle. This partnership helps us realize that potential. The participation of both levels of government in this program is a great indication of their commitment to the Canadian automotive manufacturing sector and helps ensure Canada and Ontario can successfully position itself as an industrial leader for the production of highly advanced automobiles within a rapidly changing global automotive market,” Linda Hasenfratz, Executive Chair, Linamar Corporation.
Subject to reaching a definitive agreement, the Government of Ontario said it will provide a $100.3 million grant in support of Linamar’s investment, alongside a federal contribution of up to $169.4 million through the Strategic Innovation Fund (SIF).
“Our government remains laser focused on positioning Ontario as a world-class jurisdiction for domestic and international companies to grow their businesses, promote innovation and build more resilient supply chains. Linamar’s billion-dollar investment will not only create thousands of new, good-paying jobs for Ontario workers, it will catalyze economic growth and reinforce our continued commitment to the province’s key sectors,” Hon. Vic Fedeli, Minister of Economic Development, Job Creation and Trade noted.
Linamar Corporation is made up of two operating segments – the Industrial segment and the Mobility segment. The company currently operates 75 manufacturing locations, 17 R&D centres and 31 sales offices in 19 countries in North and South America, Europe and Asia.
“Since its inception, Invest Ontario has secured investments that have filled gaps across the auto and EV value chain—from EV battery separators to battery enclosures, motor core components to advanced thermal management systems, EV tires to micro-LED technologies for vehicle displays. Linamar’s continued growth sends a compelling message: Ontario is the place of choice for auto parts companies to pioneer cutting-edge technologies and deliver them to the vast North American market. We remain confident in the long-term potential of EVs and are committed to partnering with industry leaders and innovators to lead the charge together towards sustainable mobility,” Jennifer Block, Interim CEO of Invest Ontario added.
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