# Martinrea invests $35M to expand Ridgetown, Ontario facility with 3000T press

Martinrea International Inc. announced plans to invest nearly $35 million to expand its 100,000-square-foot facility in Ridgetown, Ontario, adding a new SIMPAC 3000 metric ton stamping press for larger and more complex automotive parts. The project is slated for completion by early 2025.

- Type: Expansion
- Announced: 2024-06-06
- Where: Ridgetown, Ontario, Canada
- Value: $35.0M
- Starts operating: 2025
- Status: announced
- Products: metal stampings, welded assemblies, body-in-white components, battery enclosures, chassis parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Martinrea International](https://endata.com/companies/17526.md)

## Sources

- [martinrea.com](https://www.martinrea.com/news-release/martinrea-ridgetown-investment/), 2024-06-06: "Martinrea International Inc. today announced plans to invest nearly $35 million to expand its 100,000-square-foot facility in Ridgetown, Ontario with a new addition to house a new SIMPAC 3000 metric ton stamping press."
- [chathamvoice.com](https://chathamvoice.com/2024/07/04/biz-voice-35m-expansion-at-ridgetown-martinrea/), 2024-07-04: "This expansion demonstrates our commitment to innovation, operational excellence, and customer satisfaction"

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