London, Ontario Lands Major 150-Job Factory: Mayor Announces Economic Boost in State of the City Speech
Lfpress.com1 week ago
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London, Ontario Lands Major 150-Job Factory: Mayor Announces Economic Boost in State of the City Speech

INDUSTRY INSIGHTS
london
jobs
manufacturing
economicgrowth
ontario
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Summary:

  • London Mayor Josh Morgan announced a 150-job factory by Empack Spraytech Inc. in Innovation Park, with initial employment of 50 people and potential to grow.

  • The city is experiencing economic growth with expansions from companies like Andriani, Medicom, and Huffman Innovation, creating hundreds of new jobs.

  • A new affordable home ownership program was introduced, covering development charges for new homes priced below the city's average sale price.

  • Other local businesses, including Natra Chocolate America and Dr. Oetker, have added significant jobs, highlighting London's diverse and robust economy.

  • This development signals increased job opportunities in advanced manufacturing, agri-food, and life sciences sectors for London residents.

London, Ontario Lands Major 150-Job Factory: Mayor Announces Economic Boost in State of the City Speech

In a significant announcement at the annual State of the City address, London Mayor Josh Morgan revealed that the city has secured a new 150-job factory, marking a major win for local economic development. The speech, delivered on Wednesday morning at RBC Place, drew a large crowd of community leaders and highlighted the city's growing momentum in attracting businesses.

Key Announcement: Empack Spraytech Inc. Expansion

Empack Spraytech Inc., a Brampton-based company, is set to establish a new facility in London's Innovation Park on Jetstream Road. The company has purchased 15 acres (six hectares) of land and plans to build a 200,000-square-foot plant. Initially, the facility will employ about 50 people, with projections to grow to over 150 employees as production ramps up.

Empack Spraytech specializes in manufacturing aerosol-based products, including cleaning supplies and butane fuels, serving various industries. This move underscores London's appeal as a hub for advanced manufacturing.

Economic Growth and Additional Expansions

Mayor Morgan emphasized that this announcement is part of a broader trend of economic growth in London. Kapil Lakhotia, CEO of the London Economic Development Corp., noted that investments from companies like Empack, along with recent expansions by Andriani and Medicom, highlight the strength of London's diverse economy in sectors such as agri-food and life sciences.

Other local businesses are also expanding:

  • Huffman Innovation: A machine shop and metal fabricator, has bought five acres in Innovation Park and is moving into a new 30,000-sq.-ft. facility, creating about 50 jobs.
  • Natra Chocolate America: Recently added 60 jobs in chocolate production.
  • Dr. Oetker: Now employs nearly 400 workers after adding about 100 new positions.
  • Givens Engineering: Completed a 30,000-sq.-ft. facility in Huron Industrial Park, a $11.5-million investment creating 25 jobs.
  • Skyreach Group: Built a 106,000-sq.-ft. patio door manufacturing plant in Innovation Park, a $20-million investment expected to create 100 jobs.

Affordable Home Ownership Program

In another notable move, Mayor Morgan issued a strong mayor order for a new affordable home ownership program. This initiative will cover development charges for new home buyers, with 60% funded by the city and 40% by developers. It will apply only to new homes priced below London's average sale price, aiming to make homeownership more accessible.

Implications for Job Seekers and the Community

This factory and other expansions signal robust job opportunities in London, particularly in manufacturing and related sectors. For job seekers, this means potential openings in roles ranging from production to management. The city's focus on economic diversification and innovation positions it as an attractive destination for both businesses and workers.

Mayor Josh Morgan speaks at State of the City address

Mayor Josh Morgan speaks with Kapil Lakhotia of the London Economic Development Corp. ahead of the State of the City address. (Mike Hensen/The London Free Press)

As London continues to attract investments, residents can expect enhanced economic stability and increased employment options. This development aligns with broader trends in Canadian job growth and regional economic development, making it a key story for anyone interested in the Ontario job market.

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