A South Korean defence company, Hanwha, has announced that it will use steel made at Algoma’s Sault Ste. Marie plant to build armoured weaponized military vehicles in Canada.
The deal is contingent on Hanwha winning the lucrative bid to build Canada’s next generation submarine fleet.
The Korean and German bids both look pretty strong to this dummy. I have no idea how this is going to shake out.
I read somewhere about how South Korea could really benefit from an expanded overseas manufacturing arrangement, which makes sense considering their geopolitical, uh, situation.
The Korean and German bids both look pretty strong to this dummy. I have no idea how this is going to shake out.
I read somewhere about how South Korea could really benefit from an expanded overseas manufacturing arrangement, which makes sense considering their geopolitical, uh, situation.