Ontario Invests with Ford

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Ontario Invests with Ford

Office of the Premier, September 19, 2013 – Ontario Government Secures 2,800 Auto Jobs: The Ontario government is partnering with the federal government and Ford of Canada to upgrade the company’s Oakville Assembly plant and secure more than 2,800 jobs.

The Oakville plant is being upgraded with global manufacturing processes, which will make production more efficient and allow the plant to quickly switch production of models, in response to changing consumer demand. Ford will bring several new models to the plant, positioning Oakville as one of its most competitive manufacturing facilities.

Global platforms are the future of modern vehicle assembly and this investment will open up new export opportunities for the plant, and for the province. It will also support auto-parts manufacturers in Ontario.

This partnership is part of the government’s economic plan to create jobs and help people in their everyday lives by investing in people, building strong infrastructure and creating a dynamic and innovative business climate across Ontario.

Quick Facts

  • A global platform is a common structure for the base of a vehicle, onto which a range of models can be built.
  • The total anticipated project investment is more than $700 million, with Ontario providing a grant of up to $70.9 million.
  • The project will anchor new R&D activities in the areas of lightweight vehicles and advanced powertrain technologies.
  • Since 2004, Ontario has been the number one producer of vehicles in North America. The industry supports hundreds of thousands of jobs in communities across the province.

Source: http://news.ontario.ca/opo/en/2013/09/ontario-invests-with-ford.html

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Author: AllOntario Team

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