Howa Canada to establish a new auto parts plant in the province.

With just over $1 million in support from the Southwestern Ontario Development Fund, Howa Canada is establishing a new state-of-the-art manufacturing facility to supply interior trim components for the 2016 Civic built at the Ho" />

Issue: Mar 2015


Car Interiors Firm Howa Expands in Canada to Supply New 2016 Honda Civic



Ontario, Canada Bolsters Auto Supply Chain, Province Partnering with Howa Canada on New Auto Parts Plant

by James Hilton

Ontario, Canada is partnering with Howa Canada to establish a new auto parts plant in the province.

With just over $1 million in support from the Southwestern Ontario Development Fund, Howa Canada is establishing a new state-of-the-art manufacturing facility to supply interior trim components for the 2016 Civic built at the Honda assembly plant. The investment will support facility upgrades and specialized equipment. Howa Textile Industry Co. has operations in Asia and the U.S. and this is the company’s first manufacturing facility in Canada.

Ontario recently partnered with Honda to secure an $857 million investment in the company’s Alliston assembly operations, which will generate hundreds of millions of dollars of new business for Ontario-based auto parts companies, of which Howa Canada is an example.

Modelled on the proven Eastern Ontario Development Fund, the Southwestern Ontario Development Fund is helping to create jobs and diversify the economy by encouraging regional businesses to pursue innovation and new markets. Together, these two funds have created and retained more than 29,000 jobs and attracted more than $1.25 billion in investment.

“We’re delighted to welcome Howa Canada as the latest addition to Ontario’s world renowned auto sector. Today’s announcement underscores the value of our comprehensive approach to partnering with the auto industry, with a strong focus on quality and innovation, as we work to secure new investments and product mandates. Our strategy is securing significant investment and new jobs for Ontario’s economy, with over 400 jobs at Ford, the General Motors investment in Ingersoll investment, and the Honda investment in Alliston.”

— Brad Duguid, Minister of Economic Development, Employment and Infrastructure

“Our company is excited by the opportunity to build on our 60 years of manufacturing heritage with our first location in Canada. As we develop our skilled team and advanced production plant in Alliston, we look forward to working closely with our auto industry customers to exceed their expectations and deliver the very best interior trim products possible.”

— Tatsuya Usami, President, Howa Canada Manufacturing Inc.

  • Ontario is providing a grant of just over $1 million in support for Howa Canada’s new Alliston production facility.
  • Ontario is in the top two in North America for vehicle production and is the only sub-national jurisdiction to have five major global automotive assemblers: Chrysler, Ford, General Motors, Honda and Toyota, as well as truck manufacturer Hino. The industry supports hundreds of thousands of jobs in communities across the province.
  • Sectors eligible for the fund include advanced manufacturing, food processing, life sciences, information and communications technology, tourism and cultural industries.
  • Since October 2012, the government has committed over $50 million through the Southwestern Ontario Development Fund, leveraging a total investment of more than $580 million. These investments have helped to create over 2,400 new jobs and retained more than 11,500 existing jobs in the region.


Send your comment:
Name: Email:
Phone: Town & Country:
Comment:





























































































































































































































































Automotive Industries
THE FUTURE OF CONNECTED AND ELECTRIFIED POWERTRAINS IN VEHICLES By TE Connectivity

x

Thank You

x