◂ Announcements

Nov 30, 2021EXPANSIONTillsonburg, Ontario, Canada

THK Rhythm Automotive Canada to invest $27M in Tillsonburg plant expansion

THK Rhythm Automotive Canada will invest $27 million to purchase advanced manufacturing equipment and expand its Tillsonburg plant by 13,000 square feet, creating about 100 new jobs. The Ontario government is contributing $1 million.

Value

$21.0M (27.0M CAD)

Jobs

100

Status

Announced

Productssteering and linkage components

CompaniesTHK Rhythm Automotive Canada

Sectors#Automotive Components

“The grant funding received will be used to support the technology investment that THK is making in our Ontario manufacturing facilities.”news.ontario.ca

1 source
news.ontario.caProvince Invests in Tillsonburg Automotive Parts Manufacturer to Boost Regional Economy | Ontario NewsroomNov 30, 2021

Summarized from public sources; check the original articles before acting on it.

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