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2013-03-06 - Ballard Power Systems has signed an engineering services deal with the Volkswagen for the development of fuel cells to be used in demonstration cars. The head of group research at the German automaker said Ballard's expertise will help the company move ahead faster with new power transportation technologies. The four-year contract, which includes an option for a two-year extension, is worth between $60 million and $100 million.
2013-01-22 - The federal and Ontario governments are providing as much as $34 million to Toyota Motor Manufacturing Canada to produce the first hybrid car built in Canada. Prime Minister Stephen Harper announced at the Toyota plant in Cambridge, Ont., that the federal money would come from the Automotive Innovation Fund. Outgoing Premier Dalton McGuinty said Ontario's portion will come from its Strategic Jobs and Investment Fund. Toyota will put $125 million toward the new assembly line to increase production of Lexus luxury cars. The project will lead to the first Lexus hybrid produced outside of Japan.
2013-01-16 - Michelin North America has announced a $73 million project investment at its Waterville, N.S., truck tire plant. Michelin will invest $64.1 million to expand its Waterville facility as part of the $73-million project. The province will invest up to $8.9 million in jobs created by the project, an investment that will benefit the province long after it is fully recovered in about eight to nine years, says the government. Michelin operates three plants in the province and employs more than 3,500 Nova Scotians.
2012-12-19 - Toyoda Gosei, a Japanese manufacturer of automobile parts, is planning to invest $11 million to set up a new plant to produce interior and exterior components in Stratford, Ont. The plant will be a branch plant of its subsidiary, TG Minto, which provides interior and exterior components to Toyota. With plans to employ 70 employees, the plant will produce instrument panel parts, pillar garnishes, column hole covers.
2012-10-28 - Prof. Lorne Whitehead, from the University of B.C.’s physics department, says his team has developed a way to wirelessly recharge vehicles using a frequency 100 times lower than what's used now. "Wireless charging has been a much sought-after technical solution for everything from cell phones to electric cars," Whitehead said. The UBC researchers came up with so-called "remote magnetic gears," a system that has been successfully tested. Four wireless charging stations have been installed at UBC's building operations parking lot. Tests show the system is more than 90% efficient compared to a cable charge. Originally, the magnetically-driven charging system was aimed at medical devices such as an implanted pacemaker.
2012-07-23 - Toyota Motor Manufacturing Canada will spend $100-million to expand production of the Lexus RX350 luxury crossover utility vehicle in Cambridge, Ont. The move will create 400 jobs as the Cambridge plant. In addition, the Ontario plant will produce a hybrid version of the vehicle for the first time. Lexus capacity will increase by 30,00 vehicles to 104,000 annually, including 15,000 hybrid versions.
2012-06-21 - The Mercedes-Benz fuel cell production and technology development facility, which has created 50 jobs, saw its grand opening in B.C. Mercedes-Benz has converted a section of a Ballard Power facility, investing $53 million in the plant, according to press release. After a testing and commissioning phase, production of compact next-generation fuel-cell stacks will start in 2013, with the stacks being shipped to Germany for use in sedans such as the Mercedes-Benz C-Class or E-Class.
2012-03-27 - Toyota says it is increasing RAV4 production at its Woodstock, Ont. assembly plant. The company now expects to increase its annual capacity to 200,000 vehicles in the facility by early 2013, an increase from a target of 150,000 in 2012. The company says the $80 million investment will result in about 400 new jobs. Currently, the plant has about 2,000 workers.
2012-03-12 - An Eastern Ontario steel mill is planning an $80-million expansion, federal officials said. Ivaco Rolling will add as many as 50 jobs to its current workforce of about 425 as it adds capacity to produce steel billets and wire rod. Ivaco was established as a rolling mill in the early 1970s and became a full steel mill in 1975, recycling steel scrap from Ottawa, Montreal and other sites. It was acquired in 2004 by Heico Holdings, a U.S.-based investment firm, and has become a major supplier of wire rod used in mining and construction and the automotive and oil and gas industries.
2011-12-12 - Toyota Tsusho Corp. (TTC), the trading unit of Asia’s largest auto maker, has agreed to buy all of Montreal-based Matamec Explorations’s output from its Kipawa mine deposit in the Témiscamingue region of Quebec. The non-binding deal between TTC and Matamec is conditional on conclusive results from a feasibility study of the economics of the Kipawa project. TTC is paying $17.5 million for its position, which will give it a supply of metals needed for its hybrid and electric vehicles.
2011-11-17 - Honda announced it will begin manufacturing the 2012 CR-V compact sports utility vehicles in Alliston, Ont., in early 2012. The Japanese automaker said it had hired 400 workers to accommodate the new vehicle line, and would produce all CR-Vs sold in Canada there. The news of increased production in Alliston will be welcomed after a difficult year in which Honda’s North American plants have been hampered by parts supply issues first in the aftermath of the Japanese earthquake and tsunami, and most recently by the flooding in Thailand. Honda has reduced production by up 50% at its North American plants throughout November, including in Alliston, where Honda currently employs 4,200 workers.
2011-08-24 - Dana has been selected to receive a $2 million technology grant from the province of Ontario for the developing and manufacturing of lithium-ion battery cooling technologies that will be used in electric cars. The grant will support the company’s work at its Oakville and Cambridge locations and allow for the company to work together with several universities in Ontario to develop the battery cooling systems. Based on the anticipated growth from the grant, Dana is expected to invest up to $37 million into its Oakville and Cambridge locations over the next five years, which could create more jobs in each of the facilities.
2011-07-17 - Ford Motor Co of Canada has discussed future investments in a vehicle assembly plant near Toronto with the governments of Canada and Ontario but has not officially requested financial support, said the company's CEO. Ontario's minister of economic development and trade, Sandra Pupatello, confirmed that a proposed retooling of the Oakville plant, west of Toronto, had come up in ongoing talks. She would not comment on the specific project but said generally the province is prepared to offer financial support to keep the automotive sector competitive. The Oakville plant currently produces crossover utility vehicles, including the Ford Edge, but the company has talked for the past two years about the possibility of broadening its output to incorporate a so-called global vehicle platform.
2011-07-14 - Industry leaders, researchers and students now have the General Motors of Canada Automotive Centre of Excellence (ACE) at the University of Ontario’s Institute of Technology in Oshawa, Ontario, to create and test automotive innovations. The Minister of Economic Development and Trade, said that "Ontario's auto sector has turned an important corner with all five of the province's vehicle manufacturers recently announcing production, employment and investments increases.”
2011-07-04 - Toyota's two Ontario plants are getting a $545 million expansion and overhaul, backed by almost $71 million from each of the governments of Canada and Ontario. The Cambridge and Woodstock plants employ about 6,500 people. The province says Ontario's investment will help "secure" those jobs. The occasion marked the first time the federal government has invested in the automotive industry since spending more than $12 billion to bail out Chrysler and GM during the recession in 2008 and 2009.
2011-06-16 - The University of Ontario Institute of Technology announced the opening of the General Motors of Canada Automotive Centre of Excellence (ACE), a facility for climatic, durability and lifecycle testing. The $100 million ACE facility also incorporates one of the largest and most sophisticated climatic wind tunnels in the world. It was developed in partnership with UOIT, General Motors of Canada Ltd. (GMCL), the Partners for the Advancement of Collaborative Engineering Education (PACE), the Government of Ontario and the Government of Canada.
2011-06-13 - British auto maker, Rolls-Royce, is looking to increase its presence in Canada with a third franchise in the country, located in Montreal, following the ones operating in Vancouver and Toronto. "North America is Rolls-Royce's largest market. With the addition of our new Montreal franchise, partnering our Toronto and Vancouver dealerships, we can now serve our customers wherever they may be in Canada," said Torsten Muller-Otvos, CEO of Rolls-Royce Motor Cars.
2011-06-06 - David Mondragon, CEO of Ford Motor Co. of Canada, believes Quebec and Canada will play a significant role for the company in coming years. Despite the downturn and high gas prices, there are currently 85 independent dealerships across Quebec, which are investing on average more than $1 million each on sales and maintenance operations. Mondragon said the automaker will continue to invest heavily in Canada with almost all its parts being sourced in Ontario and the U.S. because of proximity to Oakville.
2011-04-20 - Windsor, Ontario, is being called one of the "Top 10 American cities of the future" according to a list compiled by fDi Magazine, a publication of the Financial Times of London. The cities were ranked on the potential for foreign investment, economic development and business expansion. Windsor took the second rank and Mississauga took the 6th position. Windsor's second-place ranking in the "economic potential" category coincides with the Conference Board of Canada's expectation that the Windsor-Essex economy will outperform all other Canadian cities this year.
2011-04-05 - GM is mulling an aggressive push into Canada's major urban centres to win customers in cities like Vancouver, Montreal, and Toronto. For GM, this strategy is a key priority for 2011, as it looks to rebuild its market share in the aftermath of its restructuring. Part of the company's strategy is to introduce several new city-friendly vehicles and offer leasing options for those vehicles.
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