Linamar, Canada’s second-largest auto parts maker, will open a new innovation and research centre in Guelph, Ontario, creating 1500 jobs over the next 10 years.

Linamar Guelph innovation centreClick image to enlarge

Linamar employs several thousand people in Guelph, Ontario where it already has an R&D facility, along with factories that build engine and transmission parts as well as industrial equipment.

The new centre is backed by around $100 million in federal and provincial financing. Ottawa is giving Linamar a grant of $49 million and Ontario is providing a conditional grant of $50 million.

In addition to helping get the new centre built, the money will also be used to develop advanced transmissions and drive trains, high-efficiency engine components, technologies such as 3D printing, artificial intelligence, electric and connected vehicles, and environmentally friendly automotive systems.

Brad Duguid, the Ontario Minister of Economic Development and Growth, said that together with the public-sector contribution, car companies and parts manufacturers have now invested more than $3 billion in the automotive sector since fall 2016.

Read more here.

Similar Articles

Near-record growth for MAG: US $1.6 B in 2011

In the ongoing good-news story about the manufacturing sector, MAG's global results indicate that the resurgence isn't just a North American one. MAG IAS (MAG Americas) and MAG Europe reports near-record growth in bookings and sales in 2011 and year-end bookings are expected to reach close to US $1.6 billion for the combined companies.

Big turnout for BC machine tool open house

In yet another sign that the manufacturing industry is in revival mode, 300 people attended an open house at Thomas Skinner's Vancouver, BC, branch, "the best turn-out in years," says Don Babineau, vice president of operations.

Bombardier forecast: 24,000 deliveries; $626 B revenue

Bombardier sees a bright horizon for its business aircraft business. It predicts it will deliver 24,000 jets worth $626 billion in its 20-year industry delivery forecast.

Manufacturing in 2012 and beyond

There are some people that think manufacturing is somehow an archaic industry that must be replaced by better industries in growing sectors such as information technology or resources.

Stay In Touch

twitter facebook linkedIn