IN THIS ISSUE:
- We Are Hamilton
- DHL Invests $100 Million In Hamilton
- Panattoni Breaks Ground
- What A Sweet Investment In Hamilton
- Stelco Makes a Comeback In Hamilton
- Quebec Steel Plant Makes Hamilton Their 1st Ontario Investment
- Gowling Moves To MIP
- City Centre Deal Could Change the Face of Downtown Hamilton
- Congratulations to Hamilton’s Fast 40 Winners
- Hamilton Named One of The World’s Smart21 Communities 2020
- Lights, Camera, Action
Over the past several months, Hamilton’s Economic Development has worked on a total re-brand of its website. Along with a new look, there is new information, new ways to learn about investing in Canada’s most diversified economy and new ways of reaching us. We are Invest in Hamilton!
We Are Hamilton
As part of the new website, we have also been hard at work on a new investment lure video for investors near and far. A city promotional piece that includes some great small and large businesses, promotes capabilities, and highlights Hamilton as a whole to the global audience.
DHL Invests $100 Million In Hamilton
Already home to Canada’s busiest overnight express cargo airport, Hamilton is now home to a new $100 Million investment from the world’s busiest cargo company, DHL. This investment will see DHL increase their footprint at the John C. Munro Hamilton International Airport from approximately 39,000 square feet to 200,000 square feet. The expansion is expected to create more jobs on top of the 225 employees who are already working at the DHL Hamilton location.
Panattoni Breaks Ground
One of the Greater Toronto Area’s leading commercial/industrial developers, Panattoni, recently broke ground on their first investment in Hamilton. A 265,000 square foot warehouse that will be ready for next year. Panattoni has years of experience working with major international brands such as Amazon, Walmart, Canadian Tire and Wayfair and believes the Hamilton market is prime for other major investments by the company in the next few years.
What A Sweet Investment In Hamilton
International confectionary company, Mondelez recently opened their $40 Million line expansion in their West Hamilton facility. Known for great products such as Swedish Fish and Sour Patch Kids, the new expansion will create 50 jobs and solidify the multinational’s presence in Hamilton’s booming food and beverage manufacturing sector.
Hamilton In The Spotlight For Toronto Investors
On October 29th, Hamilton Economic Development hosted a large contingent of members of Toronto’s Urban Land Institute for a half-day tour of some of Hamilton’s office/downtown spaces. The tour included a feature presentation by IN8 developments, the new owner of the Hamilton City Centre, a visit to Toronto’s Urban Strategies that has recently expanded into Hamilton, a meet and greet with AEON studios, the new multi-million dollar film studio announced this Summer at the waterfront and ended with a networking session at the Westinghouse Building to witness one of the finest examples of adaptive reuse in the lower city. In all, the tour piqued the interest of many GTA investors and positioned Hamilton as a city of renewal and ample office possibilities whether Class A or funky brick and beam. For more information on the tour or available investment opportunities in the lower city, contact Judy Lam.
Stelco Makes Comeback in Hamilton
Hamilton steelmaker Stelco has emerged from bankruptcy to restart steelmaking operations in Hamilton and has also made a new $30-million, state-of-the-art steel processing facility investment. Their new batch annealing facility (makes cold-rolled steel more flexible) is a huge sign that steelmaking is strengthening once again in Hamilton following a year of tariffs from the US Government.
Quebec Steel Plant Makes Hamilton Their 1st Ontario Investment
Corbec, a Quebec based steel galvanizing company, recently chose Hamilton as the site for their first investment in Ontario. This $30 Million, 100,000 square foot investment will create 100 jobs and will be a major complimentary piece in the steel supply chain for Hamilton and other steel related businesses.