# Hanon Systems secures C$10M Canadian support for electric compressor plant in Vaughan

Hanon Systems secured C$10 million in government support from Canada for its electric compressor plant and R&D center in Vaughan, Ontario, within a total project valued at C$198.75 million. The plant targets up to 1.5 million compressors a year by 2034.

- Type: New facility
- Announced: 2026-08-07
- Where: Vaughan, Ontario, Canada
- Value: $145.0M (198.8M CAD)
- Status: announced
- Capacity: up to 1.5 million electric compressors per year by 2034
- Products: vapor-injection electric compressors, electric vehicle compressors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Hanon Systems](https://endata.com/companies/2556.md)
- [Innovation, Science and Economic Development Canada](https://endata.com/companies/14545.md) (partner)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/article/2026080708500875891), 2026-08-07: "1000만 캐나다 달러(CAD, 한화 약 100억원) 규모의 정부 지원을 제공한다고 발표했다."
- [ir.newspim.com](https://ir.newspim.com/news/view/20260807000213), 2026-08-07: "한온시스템은 해당 시설을 통해 전기차와 하이브리드 차량용 증기 분사형 전동 컴프레서 생산능력을 확대할 계획이다."
- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/10833734), 2026-08-07: "The company plans to reach an annual production capacity of up to 1.5 million electric compressors by 2034."
- [mk.co.kr](https://www.mk.co.kr/en/business/12120756), 2026-08-07: "The support amounts to C$10 million, or about 1 billion won."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.