Located on 6.5 acres of land in Innovation Park, this first phase will employ approximately 30 employees. Phase II will see an additional 50,000 sq ft added to their facility and an additional 20 employees. This investment in London is close to $12 million.
“We are very excited to be opening our first North American plant in London, Ontario,” said Mr. Chang Il Chun, Chairman of ChangShin Steel.” “London Economic Development Corp. was instrumental in establishing our plant in London. We have worked closely with them over the past few months to select the right site, construction partners and key contacts in the community.” said Mr. Kwang Yew, General Manager of CS Automotive Tubing Inc.
CS Automotive Tubing Inc. will manufacture automotive exhaust systems for Tier 1 parts suppliers and some OEMs.
“We are very honoured to have CS Automotive Tubing Inc. join the vibrant and growing manufacturing sector in London. It is an innovative, state of the art company that will benefit many of our existing companies and boost the attractiveness of our city to potential investors in the automotive sector,” said John Kime, President and CEO, London Economic Development Corporation.
Construction of the new facility is expected to begin soon with completion expected by summer 2008.
For more information, please contact:
Lesley Cornelius
Acting Director, Marketing and Communications
London Economic Development Corporation
Ph: 519-661-5009
Email: lcornelius@ledc.com
