Japan-based Mitsui High-tec opened a new $38 million Brantford, Ont., factory April 26 that specializes in making motor cores for electric and hybrid vehicles.
The Government of Ontario gave Mitsui $2 million through the Jobs and Prosperity Fund for the project while Mitsui High-tec spent $36 million on the facility that will employ 48 people.
The facility is Mitsui High-tec’s first in Canada. It uses the company’s advanced manufacturing techniques and has already secured several leading automakers as customers. Mitsui High-tec biggest customers are Honda, Toyota and Nissan.
“We chose Ontario due to the strong workforce and auto sector here,” Mitsui High-tec President Yasunari Mitsui said in a statement.
Ontario is one of the top jurisdictions in North America for vehicle production and the only sub-national jurisdiction to have five major global automotive assemblers: Fiat Chrysler Automobiles, Ford, General Motors, Honda and Toyota.
Initially, the plant will export its motor cores to the United States with a long-term plan to grow the company’s market share with Ontario-based vehicle assembly plants as well, the CBC reported.
Ontario Minister of Economic Development Brad Duguid attended the grand opening.
“I am thrilled that Mitsui High-tec has opened their first Canadian plant here in Brantford, it’s a true testament to our province’s thriving auto sector and skilled workforce,” Duguid said in a statement. “We are committed to keep driving Ontario’s auto sector to remain globally competitive, by focusing on the development of the next generation of vehicles.”
According to the Brantford Expositor the 9,600-square-metre plant is just the first phase of development. Phase 2 is expected to start in a couple of years and will double the plant's size and workforce.