Plants, Investment & M&A
Hitachi Energy plans $479M advanced manufacturing investment in London, Ont.
The Government of Ontario welcomed a $479 million advanced manufacturing investment in London by Hitachi Energy. The new facility will create over 100 jobs and strengthen North America's transformer supply chain.
New transformer capacity in Ontario is a supply-chain and hiring signal for regional suppliers.
Funding & Grants
Canada invests $50M in the Canadian Food Innovation Network
Canada is investing $50 million in the Canadian Food Innovation Network. CFIN will use the funding to help processors and manufacturers adopt Canadian-made technology.
Food processors get a funded route to adopt Canadian-made technology; worth a call to CFIN.
Funding & Grants
Regional AI Initiative expanded to support AI adoption in southern Ontario
FedDev Ontario announced expanded regional support through the Regional Artificial Intelligence Initiative to boost AI adoption and bring Canadian-made AI solutions to market.
Southern Ontario manufacturers piloting AI have a funding stream to check before spending their own capital.
Automation & Technology Adoption
Promise Robotics to supply DR Horton, opening a third factory in Phoenix
Toronto AI homebuilding startup Promise Robotics struck a deal to supply DR Horton, the largest US homebuilder, and will open its third factory in Phoenix, Arizona.
An Ontario-built factory-as-a-service model is scaling into the US housing market.
Automation & Technology Adoption
Toronto's Aerium raises US$2.5M to build AI for industrial manufacturers
Toronto startup Aerium, founded by McKinsey alumni, raised US$2.5 million to build AI for industrial manufacturers. It has set out to build "the next Siemens of the world."
Early-stage Ontario capital is going to industrial AI; a seed round, not a proven product.
Policy, Trade & Economy
Stelco cites imports and a 58% plunge in US steel exports to defend layoffs
In a seven-page letter to Canada's industry minister, Stelco's Paul Simon described an industry upended by US tariffs, weakening demand and continued foreign steel imports. The letter defends the company's layoffs.
Tariff and import pressure is still driving steel-sector cuts; watch for knock-on effects on regional suppliers.