While meeting with companies in Tokyo, over the past two weeks, it struck me that Japan has always been good at engineering. When it comes to transportation, for instance, whether it’s trains, ships or, of course automobiles, Japan is a powerhouse. Knowledge intensive industries that require a high degree of complexity and precision are sectors that Japan excels in, including aerospace.
Mississauga is home to many of these multinational Japanese companies, including Mitsubishi Heavy Industry Canada Aerospace (MHICA) and Sumitomo Precision Products (SPP), just two of the 97 Japanese companies that now call Mississauga their Canadian home. MHICA and SPP are now part of a rapidly growing industry in Mississauga that boasts the largest aerospace manufacturing sub-sector across all major Canadian centres by total employment and number of businesses. Japanese companies operating in Canada are, in no small part, one of the reasons why this sector flourishes in Canada.
In 2007, MHI Global opened MHICA, the company’s first independent subsidiary outside of Japan in more than 20 years. Since then, the region’s extensive network of aerospace suppliers has made it possible and more cost-effective for MHICA to start procuring its own parts in Canada, which had previously been supplied by its Japan-based parent company.
Over the past 3 years, I have met with MHI executives and other knowledge-based companies in Japan to help them understand Mississauga’s value proposition, and work with them to grow and expand their operations in Mississauga., and hopefully build our Japanese based companies to well over 100!.