Linamar, a Guelph-based automotive parts manufacturer, is making a substantial investment of more than $1 billion in its facilities in Ontario, Canada. The investment is primarily directed towards expanding the production of electrified-vehicle technologies, not limited to electric vehicles (EVs). The company plans to create over 2,000 new jobs as part of this initiative. Linamar is focusing on developing a broad portfolio that includes hybrid propulsion systems and battery-electric solutions such as eAxle propulsion technologies, indicating a versatile approach to cater to different types of vehicle propulsion. Linda Hasenfratz, the Executive Chair at Linamar Corporation, emphasized the company's commitment to developing products for various vehicle propulsion systems, showcasing a propulsion-agnostic approach that spans across EVs, plug-in hybrids, and traditional gasoline vehicles. This strategic move positions Linamar as a significant player in the automotive industry, highlighting its dedication to innovation and adaptation to evolving technologies. The investment also includes research and development activities, reflecting Linamar's focus on enhancing its technological capabilities and product offerings. By acquiring Mobex, an American automotive components supplier, Linamar has further strengthened its position by incorporating lightweight structural casting solutions into its portfolio. With this substantial investment, Linamar aims to solidify its presence as Canada's second-largest automobile parts manufacturer, after Magna International. The company's global footprint, with over 33,000 employees and sales nearing $10 billion in 2023, underscores its importance in the automotive sector. This investment not only signifies economic growth and job creation but also exemplifies Canada's advancement in electrified-vehicle technologies, contributing to a sustainable automotive future.