June 29, 2023
Mitsui High-tec (Canada), Inc. expands Ontario’s EV manufacturing capacity with $102.3 million investment
Source:
Invest Ontario grant of $3.1 million furthers Ontario’s leadership in electric vehicle manufacturing
BRANTFORD, Ontario, June 29, 2023 – Today Mitsui High-tec (Canada), Inc. announced its plans for a significant $102.3 million investment in Brantford, Ontario. This new facility spanning approximately 103,500 square feet, will manufacture motor core components for electric vehicles. By 2025 the expansion is expected to create 104 well-paying jobs in the automotive manufacturing sector. To support this growth and the development of Ontario’s electric vehicle manufacturing supply chain, the Invest Ontario Fund has awarded a grant of $3.1 million, pending a definitive agreement.
As a leading manufacturer of motor cores for electric and hybrid vehicles in North America, Mitsui High-tec (Canada), Inc. plays a pivotal role in the EV industry. The company’s initial investment in Brantford in 2015, followed by a recent expansion of 100,000 square feet earlier this year, demonstrates their commitment to meeting the increasing demand for electric cars while strengthening Ontario’s manufacturing capacity. These investments bolster the province’s competitiveness for future ventures and make the province more competitive for new investments.
Mitsui High-Tec (Canada), Inc.’s investment to expand its Brantford-based facilities is a huge boost not only for the people of southwestern Ontario, but for our province’s growing manufacturing and auto sectors. With great partners, we’re building an electric vehicle and battery supply chain and making Ontario an auto-manufacturing powerhouse once again.
The Hon. Doug Ford
Premier of Ontario
Ontario’s unique automotive supply chain has 700+ parts suppliers, 500 tool, die and mold makers and over 400 companies working in connected and autonomous development and smart mobility. This has led to $25 billion in new auto investments including nearly $20 billion in electric vehicle and EV battery investments over the last two years.
As the sole motor core parts manufacturer for EVs, Mitsui High-tec (Canada), Inc. plays an important role in Ontario’s auto and advanced manufacturing sectors. Their exciting new investment will create more good-paying jobs and help ensure that the cars of the future are built in Ontario by Ontario workers. Thank you, Mitsui High-tec (Canada), Inc., for choosing Ontario.
Vic Fedeli
Minister of Economic Development, Job Creation and Trade
This longstanding relationship is a testament to how companies who come to Ontario can continue to grow and flourish here. Our existing infrastructure, strong automotive cluster and talent pool reduce the burden of setting up shop and ultimately retain leading global businesses like Mitsui High-tec (Canada), Inc. Investments like these have catalytic effects on the industry and support Ontario’s automotive cluster as a global leader.
Trevor Dauphinee
CEO of Invest Ontario
The newly expanded manufacturing operations of Mitsui High-tec (Canada), Inc. will not only create opportunities for companies within the EV parts supply chain but also for businesses providing necessary goods and services to maintain the company’s production lines. The precision-manufactured stators and rotors produced by Mitsui High-tec (Canada), Inc. are vital components of motor cores that enable the wheels to turn in electric vehicles.
Ontario has been a great place for Mitsui High-tec (Canada), Inc. to settle and build. With the growing focus on the hybrid and EV industry in Canada, and our opportunity to strengthen the supply chain, Ontario is a fantastic location to be close to borders for export, with space and opportunity to continue growing. Brantford has specifically been a great place to expand into, as there is a healthy job force, and space for development. We are looking forward to continuing to foster our relationship with the region of Brantford and Province of Ontario in this next phase of expansion.
Yasushi Harada
President of Mitsui High-tec (Canada), Inc.
The backbone of Ontario’s automotive ecosystem is the highly skilled workforce. The province is home to 12 leading universities and 24 colleges with auto-focused programs and recently announced nearly $6 million funding to continue building the auto manufacturing workforce of the future. From mining critical minerals to building batteries and electric cars, Ontario has the talent and resources to lead the world in building the car of the future.
For more information about Invest Ontario, please visit www.investontario.ca.
ABOUT INVEST ONTARIO
Invest Ontario is a board-led provincial agency mandated to attract and secure business investments that create jobs, generate returns to the province and support the sustainable growth and competitiveness of Ontario’s life sciences, advanced manufacturing and technology sectors.
ABOUT MITSUI HIGH-TEC (CANADA), INC.
Mitsui High-tec (Canada), Inc. is a Motor Core manufacturing facility based in Brantford Ontario. It is a subsidiary of Mitsui High-tec, Inc. which is a multi-focus manufacturing company founded in Japan in 1949 and has expanded to have multiple locations around the world including Europe and Asia. Mitsui High-tec (MHT) focusses on Precision Tooling, Surface Grinders, Leadframe and Motor Core production. Mitsui High-tec (Canada), Inc. is part of the Motor Core business unit. MHT can be found on the Tokyo Stock Exchange Prime Market 6966.
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Gabriella Siciliano
Senior Manager, Communications and Marketing, Invest Ontario
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