Amino North America Corp. is embarking on 42,000 sq. ft. expansion of its St. Thomas, Ont., facility as it diversifies its automotive product manufacturing into the EV market. PHOTO courtesy Amino.
St. Thomas, Ont.-based automotive parts manufacturer Amino North America Corp. will expand into the electric vehicle (EV) market thanks to a $2 million loan from the federal government.
The automotive body panel and components manufacturer will put the loan towards a $25-million, 42,000 sq. ft. expansion of its facility and add a new automotive parts manufacturing line using state-of-the-art processes. This line is expected to support the company as it diversifies its made-in-Canada automotive products, including battery compartments for the EV market.
“Ontario’s manufacturing industry is the engine that drives our national economy forward. Today’s investment in Amino North America Corp. will strengthen our regional automotive supply chains, while creating important jobs for the community and building made-in-Canada automotive parts,” said Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario. “This investment is another step forward for the London area’s manufacturing industry.”
The decision to help Amino tap into the EV market follows the blockbuster announcement last year by Volkswagen that it would build its first overseas battery manufacturing plant in St. Thomas. The $7 billion facility is to open its doors in 2027 and employ more than 2,000 people.
Since November 2015, the federal government, through FedDev Ontario, has invested over $790 million in over 350 manufacturing projects, creating over 11,200 jobs and maintaining over 11,400 jobs.
Established in 2002, the St. Thomas-based Amino North America Corp. employs more than 60 staff and manufactures automotive body, steel and aluminum parts for the heavy truck, aerospace, bus, agriculture, and construction industries.