Bobaek America's new manufacturing plant in Windsor will specialize in battery insulation panels and cell sheets for electric vehicles. PHOTO courtesy GM.
Bobaek America Inc., a Korean electric vehicle (EV) parts manufacturer, has announced plans to build a new manufacturing facility in Windsor, specializing in battery insulation panels and cell sheets for EVs.
Bobaek’s $35 million investment marks the company’s first entry into the North American EV supply chain.
The new, 71,000-square-foot manufacturing facility, expected to open in June 2024, will include state-of-the-art equipment to produce the insulation panels and cell sheets needed for EV batteries, including pressure moulding and sensor cutting machines, tape assembly, silicon pad cutting and packing automation lines, and 3D measuring equipment. As part of this investment, the government is providing $1.5 million in funding through the Regional Development Program’s Southwestern Ontario Development Fund.
“We are pleased to announce that Bobaek is establishing its first North American manufacturing hub in Windsor, Ontario,” said Mr. Dongjo Seo, President of Bobaek C&S Headquarters. “The plant’s output should be able to cover the entire North American market.”
Through the Regional Development Program, Ontario is investing $140 million to help companies like Bobaek establish and grow their operations within the province. To date, Ontario has provided more than $120 million to support more than 100 projects through the program, leveraging more than $1.2 billion in new investments and helping to create more than 2,300 jobs in the province.
“With support from the province’s Regional Development Program, Bobaek’s investment will serve as a critical link in building our end-to-end EV and battery supply chain, affirming Ontario’s position as a leader in building the cars of the future,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade.
The government launched the Regional Development Program for Eastern and Southwestern Ontario in November 2019. Businesses and municipalities can get financial support and guided access to a range of complementary services and supports.