Honda Canada to invest C$857 million to upgrade Ontario site

Article by Christian A., on November 9, 2014

Honda Canada is planning to make a C$857 million ($750 million) investment -- including a conditional grant of up to C$85.7 million from the province of Ontario -- over three years to upgrade manufacturing sites in Alliston, Ontario.

The Canadian site will be the global lead for output of the next-generation Honda Civic. Under the plan, site will develop manufacturing processes and tooling trials for Honda plants around the world that will build the next Civic model. Jerry Chenkin, chief executive of Honda Canada, said in a statement that this will be the first time that a Honda plant outside Japan has been designated as a “global lead plant."

The carmaker noted that Civic has the best-selling passenger car in Canada for the past 16 years. The investment will be used on technologies and processes to modernize the site's two auto assembly plants and one engine plant.

Honda's vehicle and engine manufacturing operations in Canada have the capacity to build up to 390,000 Civic and CR-V models as well as 240,000 four-cylinder engines annually.

Honda became the first Japanese carmaker to have manufacturing operations in Canada in 1986. Honda’s investment plan comes weeks after Ford refused calls to invest anew at its plants in Windsor, Ontario, the head of Canada's main auto workers union told Reuters.

Topics: honda, canada, investment

If you liked the article, share on:

Comments

Recommended

British luxury automaker Aston Martin celebrates its new partnership with the Henley Royal Regatta sporting event by designing a one-off DB11 sports car that they recently revealed. The car explores...
by - June 28, 2017
The 2018 Dodge Challenger SRT Hellcat as we know, is the Demon's less powerful sibling, and there’s nothing wrong with that. But have you ever imagined how it would look...
by - June 28, 2017
Sorry Uber, but Handsome Cabs taxi company has something no one else can offer - a Lamborghini Huracan that can take their clients from Point A to Point B. This...
by - June 28, 2017
BMW saw a potential oil leak on the new M760Li, prompting them to recall the said vehicle last April. Today, a little over two months after issuing the first recall,...
by - June 28, 2017
Without a doubt, the SUV segment is getting increasingly more saturated. This month alone, we were greeted with city-oriented SUVs from the Kia Stonic to the Hyundai Kona, and now...
by - June 27, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries