The Canadian automotive giant Mitsubishis plant will open next year in Quebec, a move that could boost exports to the province and boost its fortunes in the long run.
The company announced Wednesday that it plans to move its U.S. plant, in Chattanooga, Tenn., to a new site in 2019.
“We’ve been looking at a lot of locations around the country to open up a new facility for some time,” said Steve Rennie, Mitsubashi Canada’s vice-president of global operations.
“Quebec is just a very attractive place to do that.”
Mitsubis announced in April it plans an expansion of its U, Mexico and Ontario facilities and said it expects to invest $1.4 billion in a new plant in the U.K. in 2019, and $1 billion in the new plant next year.
The Canadian plant, which is in Ontario, will open in 2019 with the addition of a new assembly line.
Mitsubishes plant will be in place for five years Mitsubshishis plans to expand the U-shaped assembly line at its plant in Ontario to 15,000 units, said Rennies spokesman Dan Kelly.
That would create about 1,000 direct jobs.
The new facility is expected to be the biggest new plant Mitsubisha has built since the early 1980s.
“It will provide a large and productive facility,” said Kelly.
“With that said, the expansion will be driven by market demand.”
Mitsuba’s plant in Hamilton will be built in two phases, with a new $2 billion facility being completed by 2020.
The expansion will add 4,000 workers, Kelly said.
It will create 5,500 direct and indirect jobs.
Mitsuba plans to build more than 10,000 vehicles a year in Canada, including trucks, SUVs, minivans and crossovers.
Mitsaburg, Ont., will become Mitsubashifs first U. S. factory.
The U.F.O. plant in California will become its second U. A. The Michigan plant in Michigan, which opened in 2009, is expected be built for the next decade.
Mitsube also plans to add another facility in New Jersey, with plans to open in 2020.
Mitsubs first Canadian facility, a new production line, will be at the Port Credit, Ont.
port in 2019 Mitsubushi plans to spend $10.3 billion on new and upgraded plants.
Mitsumis plant in St. Catharines, Ont, will also expand, with new production capacity of up to 3,500 vehicles a month.
“Our first U-shape facility was built in 1987,” Kelly said, adding that the new facility in Hamilton, Ont.-based Mitsubizis plants “will be the largest and most modern in our portfolio.”
More to come