ArcelorMittal Tailored Blanks Fuels Ontario's EV Revolution with Massive Ingersoll Expansion

Ingersoll, Ontario is buzzing with excitement as ArcelorMittal Tailored Blanks (AMTB) announces a monumental $200 million investment to establish a cutting-edge facility in the heart of Canada's evolving automotive landscape. This isn't just an expansion; it's a strategic leap forward, poised to create 200 new, high-quality jobs and solidify Ontario's crucial role in the booming electric vehicle (EV) supply chain.

The new 200,000-square-foot plant, slated for completion by the third quarter of 2024, will be a beacon of innovation, dedicated to manufacturing advanced, lightweight steel components.

These tailored blanks are essential for modern vehicle architectures, particularly for the next generation of electric cars and trucks, ensuring both safety and energy efficiency. This investment underscores AMTB’s commitment to sustainable manufacturing and its vision for a greener future on our roads.

This ambitious project is receiving significant backing from both federal and provincial governments, highlighting the collaborative effort to propel Canada's green economy forward.

The Government of Canada, through its Strategic Innovation Fund, is contributing a substantial $47.5 million, recognizing the pivotal role this facility will play in reducing greenhouse gas emissions and fostering innovation within the transportation sector. Similarly, the Government of Ontario, via Invest Ontario, is committing $5.4 million, reinforcing the province's dedication to attracting and retaining key players in the EV industry.

The synergy between AMTB's expansion and the local automotive ecosystem is undeniable.

The plant's first major customer will be none other than General Motors' CAMI facility, also located in Ingersoll. This makes the AMTB plant a critical supplier for GM's groundbreaking BrightDrop Zevo 600 electric delivery vans, which are already making waves in the commercial EV market. This local partnership exemplifies the "made-in-Ontario" approach to building a robust, self-sufficient EV supply chain.

For Ingersoll, a town with a rich automotive history, this investment represents a vibrant new chapter.

Once a hub for traditional vehicle production, the town is now at the forefront of the EV revolution, demonstrating a remarkable transformation and adaptation. This commitment by ArcelorMittal Tailored Blanks not only provides significant economic opportunities and job security for the region but also positions Ontario as a global leader in the manufacturing of clean, advanced automotive technologies.

It's a testament to the province's skilled workforce and its strategic advantage in the global shift towards sustainable mobility.