Ontario Welcomes $85 Million Investment in Advanced Manufacturing Sector

January 8, 2026

Sandvik’s new facility will support more than 460 jobs, strengthening the province’s domestic supply chains

The Ontario government is welcoming an investment of over $85 million from Sandvik, a global, high-tech engineering group, to establish a new, state-of-the-art maintenance, repair and overhaul (MRO) facility in Greater Sudbury. The investment will sustain 400 existing jobs and create more than 60 new, good-paying jobs, while reinforcing Northern Ontario’s leadership in advancing the development of next-generation tools and technologies needed to support rising demand for critical mineral processing infrastructure across strategic industries. This investment caps a week in which the province announced more than $1 billion in new investments, which will create over 770 jobs across Ontario.

“As one of the most diversified manufacturing sectors in North America, Ontario continues to drive advancements that strengthen productivity and competitiveness across our critical industries,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Sandvik’s investment is not only a testament to the reliability and resilience of Ontario’s world-class workforce, but a great example of how investments in critical infrastructure will strengthen domestic supply chains and position the province at the forefront of industry transformation.”

Sandvik’s new facility will serve as a regional manufacturing hub equipped with larger workshops, warehousing and office space to support equipment rebuilds, component repairs, field operations and servicing for battery-electric vehicles (BEV). As demand for critical minerals rises domestically and internationally, Sandvik’s project will ensure Ontario is delivering on the modern, high-performance technologies and infrastructure essential to maintaining competitiveness across leading industries. In support of this investment, Ontario is providing up to $4 million in funding through the Invest Ontario Fund.

“This new facility marks an important step forward in how we support our people and customers across Canada,” said Peter Corcoran, Vice President of Sales Area Canada for Sandvik Mining. “We are building a modern, collaborative and future-ready work environment that reflects the rapid changes taking place in today’s mining industry. With expanded capabilities, enhanced infrastructure, and a strong focus on our core products, which align with Canada’s priorities around electrification and sustainability, this investment strengthens our ability to remain a trusted partner for our customers for many years to come.”

With U.S. tariffs impacting workers and businesses across key sectors, the Ontario government is protecting Ontario workers and businesses by lowering taxes, reducing red tape, and making strategic investments that will build Ontario into the most resilient, self-reliant and competitive economy in the G7. Since 2018, Ontario has attracted a historic $113 billion in foreign direct investments and created one million new jobs.

Quick Facts

Headquartered in Stockholm, Sweden, Sandvik AB is a global equipment and engineering company.
By choosing Ontario for their new global flagship centre, Sandvik will be strategically positioned to support supply chain partners while leveraging the province’s strengths in advanced manufacturing.
Accounting for over 800,000 workers across the province, the manufacturing sector is a driving force behind the province’s economic strength and global competitiveness.
Ontario’s mining supply and services sector includes over 1,400 companies and employs more than 40,000 people, with an annual direct contribution to GDP of $3.9 billion.
Ontario’s mining, processing, and mining supply and services sectors contribute about $14.4 billion to Ontario’s GDP annually.
Since its inception, Invest Ontario has announced over $11.4 billion in investments, resulting in the creation of more than 10,500 jobs in the province.