Trans-Mit Steel invests $23M to expand Woodstock facility for EV motor steel

Trans-Mit Steel, a subsidiary of Mitsui & Co., is investing more than $23 million to expand its Woodstock, Ontario facility for precision slitting of thin gauge steel used in EV motors and transformers. The project is supported by over $3 million in Ontario government funding and will create 17 new jobs.

“Trans-Mit Steel, a subsidiary of Mitsui & Co. (U.S.), specializes in the precision slitting of thin gauge steel products, primarily used for electric vehicle motors and power and distribution transformers.”automationmag.com

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