McGuinty Government Welcomes Hayashi To Stratford



    New Hayashi Investment Creates 50 High Value Jobs in Southwestern Ontario

    STRATFORD, ON, March 21 /CNW/ - Hayashi Canada Inc. broke ground today on
their new multi-million dollar auto parts facility at Stratford.
    "Hayashi's investment is great news for the people of Stratford and this
entire region," said Sandra Pupatello, Minister of Economic Development and
Trade. "Companies like Hayashi Telempu continue to invest in Ontario because
of our strong, skilled and loyal workforce. They know Ontario is the best
place to be for auto companies to innovate and compete at the highest levels."
    Hayashi Canada's new facility in Stratford will create 50 new high value
jobs and is scheduled to become operational in 2008. The firm aims to supply
automotive interior trim and acoustical products to Toyota's assembly
operations.
    "This is a strategic investment for Stratford and area that will help
strengthen and diversify our local economy," said John Wilkinson, MPP for
Perth-Middlesex. "It's great news for our community."
    Hayashi Telempu, established in 1947, is internationally recognized as
being a major auto-parts producer for products such as carpet floors,
headlining roofs, door trims and trunk trims, among others. The company is
also a supplier to leading automobile manufacturers such as Toyota, Nissan,
Honda, Mitsubishi, and Suzuki in Japan. Outside of Japan, operations are
located in Thailand, South Korea, China, and the U.S.A.
    The Hayashi Canada Inc. investment is one of several new automotive
investments in the province in the past two years. Provincial supports and
investments in the automotive industry have helped attract more than
$7 billion in new investment and created approximately 7,000 new jobs for
Ontario workers across communities and regions. Ontario's automotive
strategies invest in skills training, innovation and R&D, public
infrastructure, environmental technologies and energy efficiencies.

    
    Disponible en français
                            www.ontariocanada.com
    




For further information:

For further information: Phil De Mont, Minister Pupatello's Office,
(416) 325-6706; Lisa Roberts, Communications Branch, (416) 325-8773

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Ministry of Economic Development, Employment and Infrastructure

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