Canada New Opportunities for U.S. Automotive Parts
About this product:
Linamar Corporation (Canada’s second-biggest auto parts manufacturer after Magna International) announced a partnership with the Ontario government on May 12th aimed at expanding the company’s manufacturing facilities. Under the
plan, Linamar will invest $1.1 billion over the next five years and is expected to create over 3,000 well-paying and highly skilled jobs during that time. The announcement is the latest from a series of auto manufacturers and parts suppliers that has seen over $6 billion invested in southern Ontario over the last two years.