Martinrea Invests $35 Million to Expand Ontario Facility

Martinrea Invests $35 Million to Expand Ontario Facility

The company said the new addition will house a new SIMPAC 3000 metric ton stamping press.

Martinrea International Inc. announced plans to invest $35 million to expand its 100,000-square-foot facility in Ridgetown, Ontario. The company said the new addition will house a new SIMPAC 3000 metric ton stamping press. The project is slated for completion by early 2025.

According to Martinrea, the new stamping press will allow for the production of larger and more complex parts for customers, including body-in-white components, battery enclosures and chassis parts. The expansion is part of Martinrea’s strategy to grow its presence and capabilities in the North American market, the company said.

“This expansion demonstrates our commitment to innovation, operational excellence, and customer satisfaction,” said Pat D’Eramo, chief executive officer of Martinrea International, Inc. “It further expands our capabilities as a global supplier in Canada and prepares us for future growth opportunities. We thank our employees, customers, and the local community, who have been instrumental in our success.”

The Ridgetown plant, but in 1987 and acquired by Martinrea in 2006, currently employs about 150 people and produces several metal stampings and welded assemblies for the automotive industry. The plant is one of Martinrea’s 56 locations across 10 countries.

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