Linamar invests over $1 billion in automotive technology in Ontario

Invest Ontario supports Linamar’s major expansion and retooling across the province, creating more than 2,300 new jobs

GUELPH, Ontario, January 28, 2025 – Invest Ontario is supporting a more than $1 billion investment by Linamar Corporation, an Ontario-based global auto parts manufacturer, to develop and commercialize cutting-edge vehicle powertrain solutions, as well as other green automotive technologies. This milestone investment reinforces Ontario’s position as a North American automotive powerhouse.

Spanning six projects, this billion-dollar investment will create more than 2,300 jobs and entail extensive expansion and retooling of Linamar’s multiple facilities in Ontario to meet the original equipment manufacturer (OEM) demand for auto and EV parts in North America.

We are very excited to announce this new investment program with both the Canadian Federal and Ontario Provincial Governments. Linamar has long shown its commitment to innovation by investing in product design, new capabilities and manufacturing capacity to lead advancements in mobility. Linamar is focused on developing products for every type of vehicle propulsion and for systems that are propulsion agnostic in the vehicle. This partnership helps us realize that potential. The participation of both levels of government in this program is a great indication of their commitment to the Canadian automotive manufacturing sector and helps ensure Canada and Ontario can successfully position itself as an industrial leader for the production of highly advanced automobiles within a rapidly changing global automotive market.

Linda Hasenfratz

Executive Chair, Linamar Corporation

Subject to reaching a definitive agreement, the Government of Ontario will provide a $100.3 million grant in support of Linamar’s investment, alongside a federal contribution of up to $169.4 million through the Strategic Innovation Fund (SIF). This underlines the investment’s strategic importance in bolstering Ontario’s end-to-end auto and EV supply chain by driving innovation and building manufacturing capacity across multiple key components and technologies.

Linamar’s investment marks another major milestone in the company’s ongoing success in Ontario. At a time when we face a new administration in the White House and the potential threat of tariffs on Canadian goods, this investment will create good-paying jobs, strengthen our homegrown electric vehicle supply chain and accelerate the production of Ontario-made EVs. It will help ensure that the components needed for the cars of the future are made right here in Ontario, by Ontario workers.

Hon. Doug Ford

Premier of Ontario

Linamar’s expansion will help grow and diversify its portfolio of electrified business, including the production of eAxle systems—a vital component of modern hybrid and electric powertrains used in vehicles ranging from passenger cars to heavy-duty trucks. The investment also comprises projects to drive innovation in hydrogen fuel cell, battery storage, and semiconductor packaging technologies.

Today’s announcement highlights Canada’s skilled workforce and booming battery ecosystem. Linamar’s groundbreaking project will drive innovation in EV parts and semiconductor manufacturing. It’s a win for the economy, the environment and Canadian jobs, cementing our country’s position as a leader in the EV supply chain.

Hon. François-Philippe Champagne

Federal Minister of Innovation, Science and Industry

Ontario has attracted over $46 billion in auto and EV‐related investments from global companies since 2020 with the help of Invest Ontario. Boasting an end-to-end auto supply chain, a skilled workforce, a wealth of critical minerals, and a thriving tech ecosystem, Ontario has everything needed to build the cars of the future.

Our government remains laser focused on positioning Ontario as a world-class jurisdiction for domestic and international companies to grow their businesses, promote innovation and build more resilient supply chains. Linamar’s billion-dollar investment will not only create thousands of new, good-paying jobs for Ontario workers, it will catalyze economic growth and reinforce our continued commitment to the province’s key sectors.

Hon. Vic Fedeli

Minister of Economic Development, Job Creation and Trade

Since its inception, Invest Ontario has secured investments that have filled gaps across the auto and EV value chain—from EV battery separators to battery enclosures, motor core components to advanced thermal management systems, EV tires to micro-LED technologies for vehicle displays.

Linamar’s continued growth sends a compelling message: Ontario is the place of choice for auto parts companies to pioneer cutting-edge technologies and deliver them to the vast North American market. We remain confident in the long-term potential of EVs and are committed to partnering with industry leaders and innovators to lead the charge together towards sustainable mobility.

Jennifer Block

Interim CEO of Invest Ontario

For more information about Invest Ontario, please visit www.investontario.ca.