News Release
2010-01-26
London Gets Economic Boost: McGuinty Government Helps City Revamp Local Manufacturing Sector
The new equipment at Brose's London facility will lead to the immediate
creation of 10 new advanced manufacturing jobs with significant job
creation potential in the future.
Funding is being provided under
the Communities in Transition program which supports economic development
projects that will help communities in Ontario attract new investments and
retain existing businesses.
QUOTES
"London is
already home to world-class manufacturers. This grant will help us to
strengthen our region's advanced manufacturing sector and increase our
city's competitiveness."
Khalil Ramal, MPP London
Fanshawe.
"This partnership with Brose, LEDC and
the Province is a fine example of working together for a brighter
tomorrow. Such collaboration will serve as a catalyst for new jobs and
opportunities for growth in the years ahead."
Anne Marie
DeCicco-Best, Mayor, City of London
"These
investments will have a very significant impact on London's advanced
manufacturing sector, helping to grow existing investments and secure new
ones."
Peter White, President and CEO, London Economic
Development Corporation.
QUICK FACTS
- The city of London has a
total city population of 352,395.
- London is the Canadian
headquarters or major production centre for such prominent companies
as 3M Canada, Kellogg Canada, Labatt and Diamond Aircraft.
- Since 2007, Ontario has provided $12.2 million in funding for 26
Communities in Transition projects.
LEARN MORE
Learn more about the Ontario
government's other Communities in Transition
announcements.
For more information:
Leigh-Ann
Popek
Minister's Office
416-325-0362
Sofia
Sousa-Dias,
Communications Branch,
416-326-8465
ontario.ca/economy-news