Harper Government Celebrates Completion of Ford Oakville Assembly Plant Transformation
Government investment helps Ford deliver one of its most sophisticated auto manufacturing plants in the world and supports about 4,500 jobs in southern Ontario
(firmenpresse) - OAKVILLE, ONTARIO -- (Marketwired) -- 02/26/15 -- Industry Canada
The Honourable Lisa Raitt, Minister of Transport and Member of Parliament for Halton, and Terence Young, Member of Parliament for Oakville, were at Ford Motor Company of Canada today for its launch of production of the all-new 2015 Ford Edge. The crossover vehicle will be manufactured on a new flexible platform at the company''s Oakville facility, which employs about 4,500 people, and exported globally.
The Harper Government provided a $71.6-million repayable contribution under the Automotive Innovation Fund (AIF) in 2013 to support the transformation of Ford''s Oakville assembly plant into a state-of-the-art global manufacturing facility. The new flexible platform will enable Ford to innovate, compete and quickly adjust to changing market conditions.
The Harper Government''s contribution helped leverage a $716-million investment from the company in southern Ontario, securing Ford''s global manufacturing footprint in Canada. Ford''s investment is part of a planned investment of up to $1.1 billion over 10 years in its Oakville Assembly Complex.
Quick facts
Quotes
"Our government has kept taxes low and promoted trade abroad and skills training at home-all of which are necessary conditions for creating jobs and economic growth. As today''s event demonstrates, Canada''s automotive industry continues to attract investment. As a result, Canada remains a leading nation for automotive manufacturing."
- Lisa Raitt, Minister of Transport
"Our government is committed to strengthening our manufacturing sector and creating jobs for Canadian families. Today''s new Ford Edge production launch proves that our highly skilled workforce, low taxes and open markets make Canada one of the best places in the world to build cars."
- James Moore, Minister of Industry
"Thanks to the support of the Harper Government, Ford will have a presence in Oakville for a long time to come. Our government is serious about creating jobs and opportunities for auto manufacturing in Canada."
- Terence Young, Member of Parliament for Oakville
"We''re proud to show the world advanced manufacturing right here in Canada and look forward to serving new global customers. The Oakville assembly team has worked relentlessly to deliver a quality product to the highest standard-from bringing in the best of Ford''s manufacturing technologies to training new employees across the facility."
- Dianne Craig, President and CEO, Ford Motor Company of Canada Ltd.
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BACKGROUNDER
FORD EDGE ANNOUNCEMENT
The new Ford Edge, a crossover vehicle that will be produced at Ford''s Oakville facility, is in part the result of a repayable contribution of up to $71.6 million through the Automotive Innovation Fund (AIF) to Ford''s Project Northern Star in 2013.
The contribution to Ford Motor Company of Canada is helping transform its Oakville plant into a state-of-the-art, global manufacturing facility, making it one of only five Ford facilities worldwide to have the flexible global CD4 platform.
Project Northern Star is part of a five-year, $716-million project to establish a global platform in Oakville, including the expansion of Ford''s R&D activities in Canada. The project will create jobs not only in Oakville but also across the Canadian supply chain.
About the Automotive Innovation Fund
The Harper Government first introduced the AIF in Budget 2008, providing $250 million over five years. On January 4, 2013, Prime Minister Harper announced the renewal of the AIF. The renewed fund is providing $250 million over five years (2013-2018) to automotive companies in Canada in support of strategic, large-scale R&D projects. In Budget 2014, the government announced another $500 million over two years for the AIF.
The AIF aims to:
AIF support has leveraged up to $2.77 billion in R&D and innovation investments in Canada''s automotive sector and is contributing to:
To date, the AIF has provided repayable contributions to four companies, including up to:
Canada''s approach to creating a competitive automotive industry
Canada has much to offer the automotive manufacturing industry: the AIF, a large and sophisticated supply cluster, the new bridge between Windsor and Detroit, support for automotive R&D, a stable economy, a highly skilled and productive workforce, well-developed infrastructure, access to markets and a favourable environment for automotive R&D.
The AIF is part of the government''s broader approach to create economic conditions that support a strong Canadian auto industry. The government''s approach also includes a fiscal and economic framework that will keep the industry competitive, including:
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Jake Enwright
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Office of the Minister of Industry
343-291-2500
Media Relations
Industry Canada
343-291-1777
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Datum: 26.02.2015 - 09:08 Uhr
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