The money builds on the $500 million announced in July to create enough funding for construction of 50 new buildings, and additions to 23 existing facilities.

The organization has narrowed its choice of sites down to two—South Bruce and Ignace. It has secured a series of agreements with area landholders for the use of the land for investigation.

The deal to purchase 60 acres of land was signed in 2015, but took five years to close given the time required for re-zoning and to secure government approval for a full facility expansion.

The new facility was formerly known as the Engineering Centre. It will enable thyssenkrupp to expand its capacity to service its own machinery as well as those of its competitors throughout Canada.

Situated near Wawa, the mine facilities will be built over a two-year period, and create approximately 600 construction jobs at a cost of $380 million.