Honda Canada says it will retool its Alliston, Ont., facility to expand production of hybrid-electric and gasoline-powered vehicles with an initial $166 million investment.
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Honda Canada says it will retool its manufacturing facility in Alliston, Ontario, to expand production of hybrid-electric and gasoline-powered vehicles.
The company says it is partnering with the federal and provincial governments to fund the plant upgrades, including the reintroduction of engine manufacturing, with an initial investment of $166 million.
Honda says the funding is part of a broader $867-million commitment aimed at enhancing quality, efficiency and manufacturing flexibility.
The company says the support will allow it to maintain its workforce of 4,000 Canadian employees and support Canadian auto production volumes.
Honda also said the upgrades align with plans announced in May to introduce 15 new Honda and Acura hybrid models globally by 2030, with North America expected to be a primary market for many of those vehicles.
In May, Honda indefinitely suspended plans for a $15-billion electric vehicle complex in Alliston, which it had said could create 1,000 incremental manufacturing jobs, citing dwindling demand.
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