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" />
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.