Latest news with #ScottTurpin
CTV News
5 days ago
- Automotive
- CTV News
Second EV parts plant announced in $300 million investment
Another $48 million investment at Minth in Windsor, and an acceleration of the timeline. CTV Windsor's Robert Lothian explains. Faced with market uncertainty, two automotive parts companies are moving ahead with a joint venture in Windsor with the belief there will be some relief. Parts manufacturer Minth Group announced an agreement to venture with AISIN Corporation, a Tier One automotive supplier, on Tuesday morning. Building on a $300 million manufacturing campus announced in April, Minth said they will be moving forward on phase two immediately. Through the partnership, the site will lead to aluminum, steel and polymer-based parts for electric vehicle platforms. A new venture in the electric vehicle sector comes in the midst of uncertainty for the auto sector in Canada. In the face of lower demand and U.S. tariffs, Scott Turpin, the president and CEO of Aisin World Corp. of America, said they're not concerned. 'We made the decision to move forward regardless of the noise that we're hearing right now in this news cycle,' Turpin told reporters. 080525 - Minth Windsor A new venture in the electric vehicle sector comes in the midst of uncertainty for the auto sector in Canada. (Robert Lothian/CTV News Windsor) Since the election of U.S. President Donald Trump, there's been a shift in green policy stateside. In Canada, there has been a decrease in EV sales, and auto leaders have asked for an electric vehicle mandate to be put on hold. 'We think that that is going to be short-lived, that, you know, the two countries will continue to work towards some neutral agreement,' Turpin noted. 'So, we want to make sure that we're not letting politics drive our business decisions.' Located at 5000 Cabana Road East, on approximately 54 acres of surplus land at the Windsor International Airport, this will be the second 150,000 sq. ft. facility. Through the partnership, the site will lead to aluminum, steel and polymer-based parts for electric vehicle platforms. 'Phase two will be tailored for our very important customer,' said William Chin, the Chief Strategy Officer of Minth. 'The equipment going in there will be tailored for the customer, so it will be done in phases when a customer gives us an order for a certain amount of parts.' Though officials wouldn't directly name the customer, a news release states that Japanese-based AISIN is a major supplier of Toyota. The only AISIN plant in Canada is ACI, located in Stratford, supplying Toyota plants in Ontario. 'So we are very honoured to have the opportunity to stand on the shoulders of a giant,' Chin said. Minth's Windsor footprint is expected to include about 1,100 jobs when both facilities are completed. The initial phase is expected to open in Windsor. By this fall, Chin expects they will have hired about 100 people. Based on plans to phase in the workforce, Chin estimated that the plant will be fully staffed by 2027.
Toronto Sun
5 days ago
- Automotive
- Toronto Sun
Japanese auto parts giant partners in $300M Windsor factory investment
Canada-U.S. trade war 'to be short-lived,' says Asian auto parts company partnering in $300M Windsor investment: 'We're not letting politics drive our business decisions.' WINDSOR, ONT: AUGUST 5, 2025. Jeremy Coulter, left, managing director of Minth Windsor Manufacturing Inc., and Scott Turpin, president and CEO, Aisin World Corp. of America, shake hands after signing a joint venture on Tuesday, August 5, 2025, at Minth's new factory under construction on Windsor International Airport lands, part of a $300-million local investment. Photo by Dan Janisse / Windsor Star Dismissing trade war 'noise' from the United States, the president of a $34-billion Japanese auto parts supplier said his company won't let politics interrupt a long-planned investment in Windsor. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account On Tuesday, Aisin Corporation — one of the world's largest Tier One automotive suppliers — announced that it was partnering with the Minth Group for the second phase of Minth's $300-million factory near Windsor International Airport. 'We made the decision to move forward, regardless of the noise that we're hearing right now,' Scott Turpin, president and CEO of Aisin World Corp. of America, told reporters after signing the agreement with Minth. 'We think that is going to be short-lived. The two countries will continue to work towards some mutual agreement. We want to make sure that we're not letting politics drive our business decisions.' The joint venture will see Rosati Group construct a second 150,000-square-foot facility next to the first. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. The whole project is expected to employ 1,100 people by 2027. Aisin has more than 191 consolidated companies and more than 120,000 employees worldwide. It's a major supplier to Toyota and virtually every top global automaker. Its only other Canadian plant, ACI, is located in Stratford. Minth announced Phase One of the Windsor project in April, one day after U.S. President Donald Trump's 'Liberation Day' announcement of sweeping global tariffs. The plant will produce battery housing units for electric vehicles, as well as plastic and metal trim parts. Standing 'on the shoulders of a giant.' William Chin, chief strategy officer with the Minth Group, speaks during a press conference on Tuesday, Aug. 5, 2025, at the company's new factory under construction near Windsor International Airport. Photo by Dan Janisse / Windsor Star William Chin, chief strategy officer with the Minth Group, said he and his colleagues are 'very honoured to stand on the shoulders of a giant' in working with Aisin. This advertisement has not loaded yet, but your article continues below. 'We are very small in comparison to Aisin, but we are very grateful for the opportunity and the network that we have created in Japan to establish this relationship.' Windsor Mayor Drew Dilkens said the city is in talks to host up to $6 billion in potential new economic development, though he concedes Windsor won't land them all. 'We're being very choosy on who we go after and the offers that we make, recognizing that we don't have infinite land available, and we want to make sure we get the best return on our investment,' Dilkens said. Windsor Mayor Drew Dilkens speaks at Tuesday's press conference announcing a new partnership at the Minth factory under construction on Windsor International Airport lands. Photo by Dan Janisse / Windsor Star Despite Canada's trade war with the United States, multibillion-dollar companies are 'looking beyond politics' and seeing opportunities in Windsor, he said. That's because the city has worked to prepare vacant industrial land near the airport for development, reporters were told, and because the region has a skilled workforce thanks to the University of Windsor and St. Clair College. This advertisement has not loaded yet, but your article continues below. Turpin said he hopes the partnership will lead to expanded investment and more job opportunities in the future. 'All of us are already aware that the market needs are ever-changing,' he said. Trade-related challenges 'have been exceedingly difficult to predict, and the competitive environment surrounding us is also getting ever-tighter.' By joining forces with the Minth Group, he said, 'we will certainly be able to create a strong production base for our North American markets.' The Minth factory under construction on Windsor International Airport lands is shown on Tuesday. Photo by Dan Janisse / Windsor Star The provincial government helped to land the initial investment from Minth with a $40-million loan through its Invest Ontario Fund. Read More 'This is truly a milestone in Ontario's historic automotive transformation,' said MPP Andrew Dowie (PC — Windsor-Tecumseh). 'The impact to our community has already been deeply significant, but today's announcement marks an even greater vote of confidence in our region.' tcampbell@ Canada World Toronto & GTA Toronto Maple Leafs Wrestling
