McGuinty Government Investment Helps Create 3,000 Jobs
$1.1-Billion Linamar Investment Strengthens Auto Parts Industry, Brings New Opportunities To Ontario Families
The Ontario government is partnering with Linamar Corporation to create an advanced manufacturing technology centre that will help create 3,000 well-paying, highly skilled jobs and help build opportunity for families, said Premier Dalton McGuinty.
"Our government is building opportunity by ensuring that Ontario has the most highly skilled workforce in North America," said Premier McGuinty. "Our investments are paying off for Ontario families -- high-quality jobs, like the ones we're announcing today, allow working parents to get ahead, save and invest in their children's future."
The Linamar investment will establish a new Technology Centre dedicated to innovation in the engineering and production of automotive powertrains. This will strengthen the competitiveness of Linamar's 22 Guelph-area plants and contribute to additional plants in the area. The government is investing $44.5 million to help establish the centre, support research and development and invest in skills training for workers.
Economic Development and Trade Minister Joseph Cordiano joined Premier McGuinty at the announcement.
"Our government is committed to supporting this industry, which employs thousands of Ontario families. Linamar is showing excellent leadership and helping to make this province a top jurisdiction for innovative automotive parts engineering and production," said Cordiano. "Building our technology capability is how our auto parts makers will stay competitive. This investment will create huge opportunities for Ontario workers to be well-trained in high-value, leading-edge jobs."
With today's announcement, the Province's successful automotive investment plans have now leveraged nearly $7 billion in innovative projects including:
- The $1.1-billion Toyota Woodstock facility, the first new greenfield auto assembly plant in two decades
- A historic $2.5-billion investment in GM's Beacon Project to build a new engine that will reduce fuel consumption and set new environmental standards
- Ford's $1.1-billion investment in its Oakville assembly complex
- A $768-million DaimlerChrysler investment in Windsor and Brampton
- Navistar's $270-million investment in heavy truck manufacturing in Windsor and Chatham
- Nemak's $100-million Windsor investment to launch a new innovative engine block process.
"The auto sector is one of the pillars of our economy -- and by investing in leading-edge manufacturing, we're making sure that Ontario remains one of the most competitive locations in the world for investment," said Premier McGuinty. "In today's economy, the best jobs go to the places with the most highly skilled people and our government will continue working with manufacturers to make Ontario the place to be."