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.

If you liked the article, share on:

Topics: honda, canada, investment

Comments

Recommended

The Bentley Bentayga is set to participate in the famous Pikes Peak International Hill Climb that is slated to take place on June 24th in Colorado. The automaker’s motorsport department...
by - January 19, 2018
Infiniti will commence sales of the new 2019 Infiniti QX50 in the spring, with a starting price of $36,550. But before the big launch, Infiniti has introduced a new reservation...
by - January 18, 2018
BMW fans may be surprised with what the car manufacturer’s boss Robert Irlinger said in a recent interview with Autocar during a recent media meeting. And this is the fact...
by - January 18, 2018
Currently, there aren’t any Lexus convertibles out in the market, but it seems like it won’t be too long until we see one again. This is because Toyota’s premium brand...
by - January 18, 2018
Hyundai revealed to the press that it doesn’t plan on breaking any kind of top speed records with its newest N performance line. That is because the brand mainly focuses...
by - January 18, 2018
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