February 26, 2010 11:00 AM
Ontario is supporting the next phase of the transformation of the Ford Essex engine plant, which is expected to create and retain up to 757 new jobs over five years.
The initiative, called Project Renaissance, combines industry-leading flexible manufacturing with the establishment of a North American Centre for Diesel and Advanced Powertrain Technology, Research and Innovation. The province is contributing up to $81.2 million towards the project, building on a $17 million provincial investment announced in March 2008 that helped re-open the shuttered plant.
The terms of the provincial support agreement provides Ford with an opportunity to increase its investment in the project, up to $736.4 million.
The province's strategic investments with the auto sector, dating back to 2004, have helped sustain Ontario's industry footprint through recent restructuring. A combination of modern, flexible manufacturing facilities and strong R&D capabilities will help secure the sector's long-term future in the province.
"By being at the table as a proactive partner with Ford, we've been able to bring the Essex engine plant back to life and transform it into a leading-edge facility with a significant role in the company's long-term engine production and R&D plans."
– Sandra Pupatello
Minister of Economic Development and Trade
"This investment reaffirms our government's commitment to strengthening our local economy and will get Windsor families back to work."
– Dwight Duncan
Minister of Finance, MPP for Windsor-Tecumseh
"To be truly competitive at a world-class level we have to work together - we have to build partnerships between business, labour and government. And it's that spirit of collaboration combined with a willingness to innovate that has breathed new life into the operations at the Essex Engine Plant."
– Jim Tetreault
vice president, North American Manufacturing, Ford Motor Company