Swedish engineering giant announces $85M Sudbury facility

Key Takeaways:

• Sandvik is investing over $85 million in a new maintenance, repair and overhaul facility in Greater Sudbury, sustaining 400 jobs and creating more than 60 new positions.
• The facility will serve as a regional hub for equipment rebuilds, component repairs and battery-electric vehicle servicing, supported by up to $4 million in provincial funding.
• Ontario officials say the project strengthens the province’s critical minerals supply chain, boosts competitiveness and reinforces leadership in battery-electric vehicle innovation.

The Whole Story:

Sandvik, a global engineering company, will invest over $85 million to establish a maintenance, repair and overhaul facility in Greater Sudbury, the Ontario government said Monday. The project will sustain 400 existing jobs and create more than 60 new positions while supporting critical mineral processing infrastructure across Ontario.

The new facility will operate as a regional manufacturing hub with expanded workshops, warehousing and office space for equipment rebuilds, component repairs and servicing of battery-electric vehicles. 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, in a news release. “We are building a modern, collaborative and future-ready work environment that reflects the rapid changes taking place in today’s mining industry.”

The investment comes as demand for critical minerals rises domestically and internationally. Sandvik’s project is designed to ensure Ontario delivers the high-performance technologies and infrastructure needed to maintain competitiveness in leading industries, the company said.

Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade, said the investment demonstrates confidence in the province’s workforce and manufacturing sector.

“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,” Fedeli said in the release.

Stephen Lecce, Minister of Energy and Mines, added that the facility strengthens Ontario’s leadership in battery-electric vehicle innovation and the critical minerals supply chain. “By building out next-generation maintenance and manufacturing capacity right here in Sudbury, we’re creating good jobs, supporting our mining communities, and securing a home-grown, made-in-Ontario advantage in the global shift to electrification,” Lecce said.

Headquartered in Stockholm, Sweden, Sandvik AB is a global equipment and engineering company. 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.