Ontario Welcomes Goodyear Canada’s Investment to expand Ontario Plant
From mining critical minerals to building cars and batteries, Canada is attracting historic investments to help secure and create jobs, grow our economy and keep our air clean. In the last four years, we’ve seen companies announce more than $46 billion in electric vehicle (EV) manufacturing investments across Canada. They want a reliable partner with world-class talent and this is exactly what we have to offer.
Today, the Premier of Ontario, Doug Ford and the Prime Minister of Canada, Justin Trudeau, joined representatives from The Goodyear Tire & Rubber Company to announce the company’s more than $575 million project to modernize and expand its plant in Napanee, Ontario. This investment will help Goodyear create an energy-efficient, end-to-end manufacturing process and increase its production capacity, including EV and all-terrain tires.
The project will create 200 new, highly skilled manufacturing jobs by 2027 and secure more than 1,000 jobs in Napanee. This project will get the Goodyear Napanee plant to net-zero emissions by 2040, helping achieve Canada’s goal of a net-zero economy by 2050.
“Goodyear Canada’s investment is another significant boost to Ontario’s growing electric vehicle sector, building on the billions of dollars that have been invested in the sector over the past four years,” said Premier Ford. “Across Ontario, we’re seeing major investments and new jobs created as we build out our end-to-end EV supply chain, connecting critical minerals in Northern Ontario to world-class manufacturing across the province. Companies are choosing Ontario because of our transportation infrastructure, our competitive business environment and our skilled workforce.”
Read More: Goodyear Canada Inc. Investing More Than $575 Million to Expand Ontario Plant, Creating and Securing More Than 1,000 Jobs | Ontario Newsroom