# Linamar invests over CAD 1 billion in Ontario expansion, creating 2,300 jobs

Linamar Corporation is investing over CAD 1 billion to expand its operations across Ontario, focusing on advanced powertrain solutions for hybrid and electric vehicles, eAxle systems, and semiconductor packaging for EV batteries. The expansion will create more than 2,300 jobs.

- Type: Expansion
- Announced: 2024-12-17
- Where: Ontario, Canada
- Value: $740.0M (1.00B CAD)
- Jobs: 2,300
- Status: announced
- Products: advanced powertrain solutions, eAxle systems, semiconductor packaging for EV batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Linamar](https://endata.com/companies/2609.md)

## Sources

- [eontarionow.com](https://eontarionow.com/ontario-secures-over-1-billion-investment-to-boost-automotive-supply-chain/), 2024-12-17: "Linamar’s investment is a major win for Ontario’s economy and workers."

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