The investments and consolidation will take approximately 12-18 months to implement and will result in a reduction in staff of approximately 115, with associated restructuring costs amounting to $4 million.
The fourth industrial revolution drove new technologies including machines capable of collaborative operations (Industry 4.0.). Now, industry is focusing on and developing plants where automation and humans operate collaboratively.
According to Unifor President Jerry Dias, the first electric vehicle will roll off the assembly line in Oakville in 2024. In all, Ford will build five different models at Brampton between 2024 and 2028, he says.