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INVESTMENT
UPDATE Note: All figures in Canadian dollars Windsor, Ontario CANADA December 2005
Ontario Government Strengthens Prosperity by Boosting Innovation in Heavy Truck Industry
New Centre for Innovation Opens At University Of Windsor
A new heavy-truck manufacturing research centre to boost innovation and prosperity in Ontario was officially opened recently in Windsor by Ontario’s Minister of Economic Development and Trade, Joseph Cordiano. Ontario has contributed a total of $32 million to International Truck and Engine Corporation's investment in Ontario. Of the $32 million, $27 million supports the centre for innovation located at the University of Windsor, and $5 million is dedicated to skills training at the company's Chatham assembly facility. The new centre for innovation in advanced heavy truck manufacturing at the university is the result of an International Truck and Engine Corporation decision to transfer part of its research and development activity from Ohio to Ontario. The Centre for Innovation will undertake specific projects focused on diesel engine technologies that reduce emissions, and help build the critical mass of innovation activity that International's heavy-duty truck assembly plant in Chatham will rely on for years to come. The company will disperse research and prototypes developed at the Windsor Centre for Innovation to its operations across North America. The new facility replaces the company's Process Engineering Centre in Ohio, and will employ a minimum of 25 staff as well as students, company representatives from some of the company's U.S. locations, and engineers from the Chatham assembly facility. Students and staff will focus on the development and design of advanced manufacturing technologies for heavy-duty trucks. Contacts Presse:
Ray
Lancashire |