Ontario Promoting Aerospace Innovation in Mississauga
Province Partners with MHI Canada Aerospace to Support More Than 700 Jobs
Ontario is partnering with MHI Canada Aerospace Inc. to invest in new equipment and upgrade its Mississauga facility, creating 90 jobs and helping to maintain 636 positions.
Brad Duguid, Minister of Economic Development and Growth, made the announcement today.
MHI Canada Aerospace Inc., a subsidiary of Japan-based Mitsubishi Heavy Industries, is a leading manufacturer of major aircraft structures and assemblies. It is the only tier one aerospace supplier in Ontario capable of building complete aircraft wings, assembling the wings to the fuselage and installing systems for the two parts. It also performs systems and flight control assembly installations and testing.
With support from Ontario's Jobs and Prosperity Fund, the company is investing in new state-of-the-art equipment, upgrading its facility and training its staff. This will help the company independently support the entire Bombardier Global 5000/6000 program currently undertaken by MHI, as work will be transferred from MHI Japan to Ontario. It will also boost MHI Canada Aerospace's competitiveness and position it as the only tier one supplier of choice for aerospace structures in Canada.
Strengthening Ontario's aerospace sector is part of our plan to create jobs, grow our economy and help people in their everyday lives.
- Ontario is investing up to $4.9 million through the Jobs and Prosperity Fund (JPF) in this project. This is part of a larger overall investment by the company valued at $36.22 million. The project is scheduled for completion in 2021.
- MHI Canada Aerospace is one of only two subsidiaries of MHI’s commercial aviation business that is based outside of Japan. MHI produces a wide range of products, including ships, power generators, aircraft and industrial machinery.
- The aerospace industry is a major part of Ontario’s advanced manufacturing sector, accounting for over 21,000 direct jobs. Over half of the world’s top 25 aerospace companies have operations in the province and Ontario-based manufacturers are part of the supply chain for virtually every passenger aircraft in the world.
- The Jobs and Prosperity Fund helps secure private sector investment in Ontario, allowing the government to partner with businesses that are creating jobs and enhancing productivity, innovation and exports. Every dollar invested through the fund leverages an average of $9 in private sector investments. Since January 2013, Ontario has announced 25 projects with government commitments totaling over $620 million, leveraging over $6.5 billion in private sector investment.
- Jobs and Prosperity Fund projects are responsible for creating and retaining over 35,000 jobs in Ontario at companies such as Sofina Foods in Mitchell/Dublin, RWDI in Guelph, Apotex in Mississauga, Cyclone in Mississauga, Legend 3D in Toronto, Polycorp in Elora, Thales Canada in Toronto, Mitsui Hi-Tec Inc. in Brantford, Sandvine Incorporated in Waterloo, Huawei Canada in Ottawa, Markham and Waterloo, Superpufft in Mississauga, A. Lassonde Inc. in Toronto, Toyota in Cambridge and Woodstock and Linamar in Guelph.
“Ontario’s aerospace sector must continue to invest in technology and innovation to stay ahead in a fiercely competitive global market. This strategic partnership reinforces MHI Canada Aerospace’s growth trajectory and brings more skilled jobs to the Mississauga region. Their expansion is a testament to the impressive talent, dynamic business climate and world-class infrastructure in this province.”
“Ontario represents tremendous opportunities with its numerous advantages, such as cost-competitive solutions and talented workforce, so it was an easy decision to expand here. We are thrilled about our partnership with the Ontario government, which will help us boost our competitiveness and take our business to new heights.”