Raufoss Canada announced an $18 million investment at its Boisbriand facility to meet increasing demand from North American electric vehicle makers. The investment includes a new machining and assembly cell and optimizations for existing cells.
Raufoss Technology Canada announced an $18 million investment at its Boisbriand, Quebec facility to add a new machining and assembly cell with a dozen robots, creating 35 new jobs, to meet demand from North American electric vehicle makers.
Raufoss Technology, part of CAG-Holding, received approval to proceed with a project to build a new factory on Raufoss, Norway, with a cost frame of about 300 million Norwegian kroner. The factory will house a new smelting line and production equipment.
Raufoss Technology, a global Tier-1 automotive supplier, has acquired VT2i in Ramonchamp, France, which designs and manufactures automotive ball joints and chassis components. The acquisition closed on September 5, 2022.
| Site | Largest | Latest |
|---|---|---|
| Boisbriand, Canada | $18.0M | 2024-05-07 |
| Raufoss, Norway | $28.0M | 2024-04-15 |