Hamilton’s McMaster Innovation Park launches $28M hub to study eco-friendly cars and planes
Published June 14, 2021 at 9:31 pm
Every day in Hamilton, thousands of emissions-producing vehicles drive by the McMaster Innovation Park, which is perched above King Street West and Highway 403.
Now, engineers from the Hamilton university have been given a boost with helping refine energy-efficient vehicles. The McMaster Innovation Park is launching a $28-million integrated automotive, aerospace and advanced manufacturing network. At the iHub, as it has been dubbed, McMaster engineers will help develop and test products such as self-driving vehicles and energy-efficient aircrafts, with the aim of increasing Canada’s presence in these emerging industries.
Member of Parliament Filomena Tassi (Hamilton West–Ancaster–Dundas) announced the endeavour on Monday. The federal government is providing $10 million in funding. Industry partners such as Ford, Honda, Bombardier and Stellantis are kicking in another $16.8 million.
“Today’s investment will boost our economy by supporting almost 170 local jobs and helping Canadian innovators succeed in a thriving industry,” Tassi said in a release.
McMaster researchers have been awarded $10M from @FedDevOntario to support iHub, an integrated automotive, aerospace and advanced manufacturing network at @MIP_Hamilton. | @McMasterEng @FilomenaTassi @BobBratina @melaniejoly 1/ https://t.co/T9LOpyfqCc
— McMaster University (@McMasterU) June 14, 2021
Today, Min. Tassi announced a FedDev Ontario investment of $10M for @McMasterU to establish iHub, an integrated automotive, aerospace and advanced manufacturing network, supporting 230 SMEs across Ontario. https://t.co/peSK3FJ8gp pic.twitter.com/l0CpWq9kMm
— FedDev Ontario (@FedDevOntario) June 14, 2021
The iHub will also provide training for about 200 people and will help about 230 small- to medium-sized enterprises in Ontario’s Oshawa-to-Windsor corridor.
Including ancillary costs, the total funding for the project is $28.49 million.insauga's Editorial Standards and Policies