Hanon Systems, a global auto parts maker under Korea’s Hankook & Company Group, has secured 10 million Canadian dollars ($7.1 million) in government funding to support its first electric compressor plant and research center in Canada. Innovation, Science and Economic Development Canada, a federal department, announced the funding for Hanon Systems’ Canadian unit to back the facility in Vaughan, Ontario, part of the Greater Toronto Area.
Full Article: koreatimes.co.kr