Linamar Corp. plans to break ground “immediately” on a new manufacturing plant in Welland, Ont., that will house three giga-casting presses capable of producing very large aluminum structural parts for electric vehicles.
The Guelph, Ont.-based parts supplier announced the new site in the city south of Niagara Falls as it reported its first-quarter earnings May 10.
"As the first supplier to invest in this equipment in North America, Linamar will naturally take a market leadership position in this technology." Linamar COO Jim Jarrell said the investment is the next step in the company’s high-pressure die casting strategy, and follows an “increasing trend” for cast aluminum in vehicle architecture.
Linamar said the new plant will house three 6,100-ton high-pressure die cast machines. The value of the investment in the facility and equipment were not immediately available.
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