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Japanese firm to build $1.6B Niagra battery parts plant
Asahi Kasei Corp will construct a 1.6 billion plant in Ontario's Niagara Region to make battery separators for electric vehicle cells as part of Honda's province wide supply chain expansion. The facility aims to open by 2027 in Port Colborne, with POSCO Future M Ltd also planning a cathode material plant though its site remains undisclosed. Prime Minister Trudeau and Ontario leaders touted Canada's appeal to investors citing natural resources, clean energy, and skilled workers while Ottawa says jobs will be maximized for Canadians.
MENTIONED IN THIS ARTICLE
Ontario
Niagara
Honda
Alliston
Port Colborne
Asahi Kasei Corp
Posco Future M Co., Ltd
Koshiro Kudo
Asahi Kasei
Europe
United States
Canada
Justin Trudeau
Champagne
NDP
Trudeau
Building Trades Union
NextStar
Windsor
Stellantis
LG Energy Solution
NextStar Energy
Doug Ford
Volkswagen
St. Thomas