Monday, November 10, 2014

#Honda to invest $857M in 3 Alliston plants in Ontario, #Canada

Ontario is partnering with Honda to make the company’s Alliston, Ontario plant one of the most innovative in North America, Premier Kathleen Wynne announced today. The partnership reinforces Ontario’s position as a global leader in auto manufacturing, and will support 4,000 highly skilled jobs at the plant and thousands more in the supply chain.

Honda will invest about $857 million over three years in leading-edge technologies for vehicle assembly and engine manufacturing, as well as worker training and research and development partnerships with Ontario universities and colleges. This project will make Honda’s Alliston operations a teaching plant for all other Honda facilities worldwide.

Ontario will provide a conditional grant of up to $85.7 million for this transformational project. Provincial support helped Honda of Canada Mfg in Alliston win out over other Honda plants which were competing to be chosen for this project. The province’s investment will help enhance workers’ skills and secure the Alliston plant’s long-term future.