Title:
Advanced Propulsion Systems and Manufacturing Innovation
Agreement Value:
$49,000,000.00
Agreement Date:
Aug 9, 2017 - Jun 30, 2023
Description:
Advanced Propulsion Systems and Manufacturing Innovation. Investment in €œnext generation€ industry manufacturing techniques and processes plus the creation of an Innovation Center to create an infrastructure of sustainable continuous R&D.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will help advance the automotive parts manufacturing processes€”including artificial intelligence and 3D printing€”and cleaner automotive technologies. Canadians will directly benefit from these advancements through more efficient, environmentally friendly vehicles.
Location:
Guelph, Ontario, CA N1K1G4
Reference Number:
033-2018-2019-Q1-811002
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
736622523
Recipient Type:
For-profit organization
Additional Information:
The amendment has been completed to realign the project agreement end date from 2033-03-31 to 2031-06-07. This is a non-repayable contribution.
Amendment Date
Aug 8, 2023
Recipient's Operating Name:
Linamar Corporation
Recipient's Legal Name:
Linamar Corporation
Federal Riding Name:
Guelph
Federal Riding Number:
35032
Program:
SIF Stream3- Attraction
Program Purpose:
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.