Canadian motor cores manufacturer Mitsui High-tec (Canada) is investing 102.3 million Canadian dollars to expand operations in the country.<\/p>\n
The company’s facilities are located in Brantford, Ontario, and opened its doors in 2017. And according to the Ontario government, it has been expanded twice before.<\/p>\n
This time, the money (an equivalent of around 71 million euros) will be used to “open a new 103,500 square-foot manufacturing facility” in Brantford. A move said to “create 104 highly skilled, good-paying jobs.”<\/p>\n
“Mitsui High-tec (Canada), Inc.’s investment to expand its Brantford-based facilities is a huge boost not only for the people of southwestern Ontario, but for our province’s growing manufacturing and auto sectors,” says Premier Doug Ford.<\/p>\n
The Canadian province of Ontario wants to position itself as a North American leader in developing and building electric vehicles – also to keep jobs in the car industry in the region as carmakers shift towards new technologies. That is why it announced the plan “Driving Prosperity: The Future of Ontario’s Automotive Sector<\/a>” in 2019. The goal is to produce “at least 400,000 electric vehicles and hybrids [in Ontario] by 2030” per year.<\/p>\n","protected":false},"excerpt":{"rendered":" El fabricante canadiense de n\u00facleos de motor Mitsui High-tec (Canad\u00e1) est\u00e1 invirtiendo 102,3 millones de d\u00f3lares canadienses para ampliar sus operaciones en el pa\u00eds.<\/p>","protected":false},"author":29,"featured_media":201381,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9930],"tags":[28457,9956,15713,6376,5986,13946],"class_list":["post-201394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-brantford","tag-canada","tag-drives","tag-mitsui-high-tec","tag-ontario","tag-suppliers"],"acf":{"inhalt_teil2":" Though the province does not mention whether it will financially support the investment made by Mitsui High-tec (Canada), Ontario provides “a 10 per cent refundable Corporate Income Tax credit to help local manufacturers lower their costs, invest in workers, innovate and become more competitive.”<\/p>\n Mitsui High-tec (Canada) is the only motor core manufacturer in the region. Motor cores are the basic structure of the motor used in electric vehicles.<\/p>\n