Nemak to add 80 jobs, boost production with $1.5M from province
Monday, January 19, 2015
The Windsor Star/Grace Macaluso
Nemak of Canada Corp., will create 80 new jobs and boost production thanks to a $1.5 million contribution from the Ontario government, Finance Minister Charles Sousa said Monday.
The Windsor plant will upgrade its production line and pursue a new partnership with Shanghai General Motors in China, a move that will add 80 new jobs over the next four years and retain almost 200 jobs in the area, Sousa said.
“Advanced manufacturing is a key sector for Ontario’s economy, and partnering on expansions like this one are important opportunities for the province,” Sousa said in a statement. “Nemak is a major employer in Windsor and a leader in the province’s auto manufacturing sector. Ontario’s support will help the company enhance production, create jobs and increase its global competitiveness.”
Ontario’s contribution is drawn from its Southwestern Ontario Development Fund.
The company plans to boost production capacity of aluminum engine blocks to export to Shanghai General Motors, increasing the company’s global competitiveness, according to a press release. Shanghai GM is a joint venture between GM and SAIC Motor, which manufactures and sells Chevrolet, Buick and Cadillac brand vehicles in China. The Nemak partnership links the Windsor plant to the world’s biggest auto market, which is expected to grow by seven per cent this year to almost 19.5 million units, according Scotiabank’s Global Auto Report.